New Delhi, Nov 2 (IBNS): Providing a Diwali gift to small industries, Prime Minister Narendra Modi on Friday launched a 59-minute loan programme to help them.
The programme was launched at an event in Vigyan Bhawan in New Delhi.
"I dedicate 59-minute loan approval portal to you and it has started benefiting the MSMEs businessmen already,” Modi said.
MSME Support and Outreach programme will provide Small and Medium Enterprises easier availability of credit, access to markets and online loans up to Rs. 1 Crore in just 59 minutes.
Modi said: "12 new historical decisions have been taken for the small industries which are like a Diwali gift for the sector."
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