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Budget 2021: MSME sector employs around 120 million individuals Budget 2021: The two percent interest subvention scheme for micro, small and medium enterprises (MSMEs) on loans must be extended with enhanced coverage of three-four per cent to the extent of Rs 300 lakh, suggests Mr Vikash Agarwal, President, Indian Chamber of Commerce (ICC). The two percent interest subvention scheme for micro, small and medium enterprises on loans was extended till March 31 with few business friendly provisions. The coverage of the scheme is limited to all term loans and working capital to the extent of Rs 100 lakh, which industry body Indian Chamber of Commerce expects to be extended to Rs 300 lakh in the upcoming Budget 2021. (

Vikash agarwalIndian chamberInterest subvention scheme forMust be extendedSays industry bodyAlso readBudget 2021Budget 2021 22Budget expectationsIndian chamber of commerceIndian chamber of commerce newsIndian chamber of commerce todayInterest subvention schemeவிகாஷ் அகர்வால்இந்தியன் அறைவேண்டும் இரு நீட்டிக்கப்பட்டது