Taxes

Central Govt Helps 20,000 Cr Funds To Encourage MSME’s

Central Govt Helps 20,000 Cr Funds To Encourage MSME’s
Central Govt Helps 20,000 Cr Funds To Encourage MSME’s
Ministry of MSME launches an innovative scheme of Rs. 20000 crores for financing the MSMEs which are stressed or have NPA accounts by the end of April 2020. This scheme will help two lakh MSMEs.

WELCOME. ENSURE STATE WISE ‘NODAL AGENCY’ FOR MSMEs TO REVIVE. BANKS INITIATED STRINGENT RECOVERY PROCEEDINGS AGAINST MSMEs FULLY SECURED ‘NPA’ LOANS AND CLOSED UNITS, OPERATIONS, ATTACHED THEIR ACCOUNTS, AUCTIONED THEIR ASSETS CAUSING LOSS TO EMPLOYMENT,ENTREPRENEURS, BUSINESS.

CA K HANMANDLOO

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