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Union Minister for MSME's assures support in restarting enterprises after lifting of lock down   Apr 14, 2020

Union Minister Gadkari assures full cooperation from the government in restarting MSME enterprises after the lockdown is lifted.

Talking about the importance of liquidity in the market, the Minister informed that he is striving to increase credit gaurantee to MSMEs to Rs Five lakh crore from the present level of about Rs one lakh crore wherein 75per cent of the advances granted by financial institutions are gauranteed by the under the Credit Gauranttee Scheme of the Govt. He assured that the issues raised by the industry especially by MSMEs will be taken up discussed with relevant Ministries and Departments.

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