West Bengal govt to look for ways to boost credit to MSMEs: Mamata Banerjee

Commercial banks and SCBs provide loans to Kisan Credit Card holders and options resembling such an initiative can be explored

West Bengal Chief Minister Mamata Banerjee on Monday said that her government “will see” how the state’s micro, small and medium enterprises (MSME) sector, for which funding is an issue, can avail of of loans and will discuss the scope of such an assistance with the state cooperative banks (SCBs).

Addressing businessmen at the State MSME Conclave, Banerjee said, “Bank loan is a problem for the MSME sector and they are facing a lot of problems because of demonetisation and GST. We will see how they can get loans.”

Currently, commercial banks and SCBs provide loans to Kisan