Priority Sector Lending

In the first week of September, 2020, the Reserve Bank of India has revised the Priority Sector Lending norms. As per the new guidelines, loans up to Rs. 50 Crore for startups in agriculture and MSME sector would be given ..

Pradhan Mantri Mudra Yojana

Pradhan Mantri MUDRA Yojana has come as a boon for MSME (Micro, small and medium Enterprises) sector and is widely hailed as a robust measure to achieve inclusive growth. Objective of the Pradhan Mantri MUDRA Yojana There are a lots of Scheduled castes, ..

MUDRA Bank

In the Budget of 2015-16, the government proposed creation of a Micro Units Development Refinance Agency titled MUDRA Bank. Some of its features are as follows: The bank will be built with a corpus of Rs. 20,000 crores and a ..

Re-vitalizing the MSMEs

Worldwide MSME has been accepted as engines of economic growth, promoting equitable development and inclusiveness in the society. In India, it plays a significant role in industrial development of country. MSMEs employ both the semi-skilled and unskilled workforce and also ..