Friday, November 22

Tag: MSMEs

India’s PM Narendra Modi Launches 59 Minutes Loan for MSMEs as Diwali Gift
INDIA

India’s PM Narendra Modi Launches 59 Minutes Loan for MSMEs as Diwali Gift

India’s Prime Minister Narendra Modi has announced a number of measures and services for the people of our country including the most interesting and valuable one under which, the small and medium enterprises will be able to sanction loans of up to Rs 1 crore in just 59 minutes through a special portal. This has basically been done to give a boost to the nation's second-biggest employing sector. For a long time, the Prime minister has been looking upon and taking efforts for the startups of our country and he has launched yet another measure that will be really helpful for the small businesses. The programme was unveiled as part of 12 new decisions to aid the sector which, the PM said, were like "Diwali gifts for MSMEs". "As we speak, somewhere in the country your entrepreneurial bro...