Even though MSMEs account for about 45% of India’s total manufacturing output and contribute about 30% to its GDP, access to working capital remains a persistent challenge for this new
GeM-SAHAY: Providing marginalised access to frictionless working capital
The Government eMarketplace (GeM) was integrated with SAHAY to launch the GeM-SAHAY app in May 2021 to address the credit availability challenges faced by sole proprietors on GeM
 "Indian Rupee")
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Photo: Bloomberg
Topics : GeM
First Published: Jul 20 2022 | 7:05 PM IST
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