Question

 What are the Key Takeaways from Finance Minster speech on 13th May for MSME?

Answer 1

1. Rs. 3 Lakh Crores collateral-free Automatic Loans for Businesses including MSME

2. Rs. 20,000 Crore subordinate debt for Stressed MSME

3. Rs. 50,000 Crore equity infusion through MSME fund of funds

4. Global Tenders to be disallowed up to Rs 200 Crore

5. Other Interventions for MSME - e-market linkage, FIntech support

6. Expanded Scope of MSME (New Definition)