MSME outreach initiative Flashcards

1
Q

Ministry?

A

Mo Finance

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2
Q

What is it

A

An attempt by GoI to boost entrepreneurship in MSME in 100 districts in 100 days.

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3
Q

What are its features

A

59 minute loan portal to enable easy access to credit for MSMEs
Mandatory 25 percent procurement from MSMEs by CPSEs
Ordinance for simplifying procedures for minor offences under Companies Act

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