Around Rs 8 trillion in credit has been disbursed to India's micro, small and medium enterprises (MSMEs) over the past three years, backed by the RBI and government policies, helping them access finance, expand business, and participate more effectively in public procurement, Girish Luthra,
The Department of Financial Services (DFS) which functions under the Finance Ministry reviewed the progress of credit disbursement to agri-allied activities such as animal husbandry, dairying and fisheries with Public Sector Banks (PSBs), NABARD and State/ UT Level Bankers' Committee.
New Delhi [India], Feb 1 (ANI): In order to provide high insurance cover to exporters and achieve higher export credit disbursement, Union Finance Minister Nirmala Sitharaman announced the NIRVIK scheme in Parliament on Saturday while presenting the Union Budget 2020-21.
New Delhi [India], Feb 1 (ANI): Entrepreneurship has always been India's strength and the government recognises the skills and risk-taking capabilities of youth, Finance Minister Nirmala Sitharaman said on Saturday.