Indian Chamber of Commerce demands higher interest subvention for MSMEs
"The two per cent interest subvention scheme on loans has truly supported Indian MSMEs. We would like to propose that the scheme be further extended with enhanced coverage," Indian Chamber of Commerce president Vikas Agarwal said
PTI | January 15, 2021 | Updated 20:12 IST
Industry body Indian Chamber of Commerce (ICC) on Friday demanded higher interest subvention for micro, small and medium enterprises (MSMEs) on loans to boost employment generation in the country.
The city-headquartered chamber in its budget demand also called for simplification of personal taxation by lowering tax rates for greater compliance.

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