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Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman

Govt likely to issue clarification to add more borrowers under ECLGS

MSME lending | Indian Economy | Lockdown

Somesh Jha & Subrata Panda  |  New Delhi/Mumbai 

Nirmala sitharaman, Finance minister
The banks also wanted the ministry to increase the scope of the scheme to make it in consonance with the new definition of the MSMEs, which was recently accepted by the Centre.

Minister on Monday held a review meeting with private and non-banking financial companies (NBFCs) to seek feedback to improve the Atmanirbhar Bharat Abhiyan economic package to deal with the impact of Covid-19.



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First Published: Mon, June 15 2020. 22:17 IST