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Cabinet revises MSME definition, announces 'affordable' loans for street vendors, better prices to farmers

Cabinet revises MSME definition, announces 'affordable' loans for street vendors, better prices to farmers

Jun 01, 2020, at 11:49 pm

New Delhi/IBNS: In a big boost to the Micro, Small and Medium Enterprises, the Union Cabinet chaired by Prime Minister Narendra Modi, on Monday cleared a Rs 20,000-crore debt scheme, which is expected to help nearly 2 lakh MSMEs raise funds following the anti-coronavirus lockdown.