Government committed to develop industrial sector in J&K to create employment avenues for youth: Prakash
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Future proprietors sensitised to govt schemes
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Panel raps govt over MSMEs, urges larger economic package
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Synopsis
The scheme was launched for an emergency credit line of up to Rs 4.5 lakh crore to businesses including MSMEs and the same is backed by 100 per cent central government guarantee.
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Rane said since the inception of the Prime Minister s Employment Generation Programme, 6,97,612 units have been set up with MM subsidy of Rs 16,688.17 crore.
NEW DELHI: As many as 13.06 lakh MSME loan accounts with an aggregate amount of Rs 55,333 crore have been restructured by public sector banks till June 25 this year, Parliament was informed on Thursday. MSME minister Narayan Rane also said that till July 2, Rs 2.73 lakh crore have been sanctioned under the Emergency Credit Line Guarantee Scheme.