Govt lobbying hard for base rate interest regime for MSME: Union MSME Minister

Ministry aims to facilitate access of vast capital from the financial and banking institutions to MSME

The Union Minister for MSME Kalraj Mishra said that the Union Ministry of Micro, Small and Medium Enterprises (MSME) is lobbying hard with the public sector banking enterprises to extend loan facilities to micro, small and medium enterprises at base rate.

The ministry aims to facilitate access of vast capital from the financial and banking institutions to MSME at much cheaper rates and help them to roll out quality products and run their enterprises effectively.

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