Credit Support For MSMEs, Mudra Loans Limit To Be Enhanced To Rs 20 Lakh
The government has doubled the upper limit of loans under the Mudra scheme, Finance Minister Nirmala Sitharaman announced while presenting the Budget 2024 today. She also announced a new mechanism for facilitating continuation of bank credit to MSMEs during their stress period. Micro, Small, and Medium Enterprises (MSMEs) will now be able to avail loans…
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