Union Minister for Micro,
Small and Medium Enterprises and M/o RT&H, Shri Nitin Gadkari
informed the Lok Sabha in a written
reply today that 5,87,416 employment opportunities were
created by giving margin money subsidy of Rs. 2070 crore to 73,427 projects
during the year 2018-19.
The Ministry of MSME implements credit linked subsidy scheme
namely Prime Minister’s Employment Generation Programme (PMEGP)
to promote self-employment opportunities through establishment of micro-enterprises in non-agriculture sector.
He also added that Government of
India also implements Pradhan Mantri
MUDRA Yojana (PMMY) to provide collateral free loans upto Rs 10 lakh.
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How to apply for msme loan??
ReplyDeleteA well-planned MSME Loan for Businesses offers quick access to funds, simplified processes, and flexible repayment options. It supports businesses in managing receivables, fulfilling large customer orders, and investing in future expansion without affecting existing cash reserves.
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