Ease of Doing Enterprise for MSMEs: India SME Discussion board, an {industry} physique for MSMEs, has lately despatched a illustration to the Items and Companies Tax (GST) council recommending methods to maintain and revive the sector that’s presently beneath large stress as a result of large second wave of Covid19 pandemic. The illustration advised permitting
Nirmala Sitharaman
However, the purpose of borrowing by individuals and small businesses needed to be seen as to whether it was for credit for growth purpose or for repaying of loans, CARE Ratings said. Welcoming the Reserve Bank of India (RBI)’s efforts to incentivise small finance banks (SFBs) to lend to microfinance institutions (MFIs) by classifying the