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PIB in Maharashtra 🇮🇳 #MaskYourself 😷
@PIBMumbai
A collateral-free automatic loan is being given to MSMEs, with a facility of ₹ 3 lakh crores

This will enable 45 lakh MSME units to resume business activity and also safeguard jobs

- FM #NirmalaSitharaman

#AatmaNirbharBharatAbhiyan #EconomicPackage #AatmanirbharBharat
The second measure is for stressed MSMEs, who will be provided 20,000 crore via subordinate debt, will benefit about 2 lakh MSMEs

- FM #NirmalaSitharaman #AatmaNirbharBharatAbhiyan #EconomicPackage
3️⃣ For MSMEs needing handholding, A ₹50,000 crore #FundofFunds through mother fund - daughter fund framework is being created, to expand their capacity and to get listed on markets which they choose

- FM #NirmalaSitharaman #AatmaNirbharBharatAbhiyan
Read 20 tweets

Related hashtags

#NewMSMEDefinition #NirmalaSitharaman #AatmaNirbharBharatAbhiyan #FundofFunds #VivadSeVishwas #20lakhcrores #EconomicPackage #AtmaNirbharBharatAbhiyan #COVID19 #AatmanirbharBharat

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