Government’s support towards MSME during this Pandemic
Government’s support towards MSME during this Pandemic https://www.fundstiger.com/governments-support-msme-pandemic/ Entrepreneur Brothers and sisters you are not alone, the entire nation is standing with you during this tough time of pandemic! To speed up Micro, Small and medium Enterprises, a sum of Rs 3 lakh crore on low interest has been allocated. You can easily apply for a loan at your nearest bank or on the portal. Government of India to provide 100% guarantee of the loan, no security needed Exemption from Principle repayment for a year Definition of MSMEs further changed to boost industry sector To promote ease of doing business. Opportunities for Micro, Small and Medium enterprises to grow. No global tender process on government procurement upto Rs 200 crore This will particularly benefit Micro, Small and Medium enterprises The government has notified amendments to General Financial Rules (GFR) to ensure that goods and services valued less...