Get loans up to Rs 1 crore in 59 minutes: PM Modi announces ‘Diwali gift’ for MSMEs

narendra modi

Prime Minister Narendra Modi announced a scheme of providing one crore rupees loan to small and medium businesses. The programme was announced as part of a slew of measures by the Centre to give a boost to the country's second largest employing sector.

"Also, GST-registered MSMEs will get 2% interest subvention or rebate on an incremental loan of up to Rs 1 crore,” the prime minister said.

Apart from this, 12 major and historic decisions have been taken for the businessmen.

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Gujarat Government Class 4 Employment Diwali Gift

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