Special provision for Informal Micro enterprises Flashcards
1
Q
What is a Micro enterprise ?
A
An enterprise with investment of upto 1cr and the annual turnover of upto 5cr
2
Q
What is the special provision made for these informal micro enterprises ?
A
Collateral free loans of upto 20 lakh
3
Q
This provision is under what scheme ?
A
“Credit Guarantee scheme”
