3 Lakh Crores Collateral-Free Loans For MSMEs, Says Nirmala Sitharaman

PUBLISHED ON: May 13, 2020 | Duration: 1 min, 21 sec

  
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Finance Minister Nirmala Sitharaman announced collateral-free loans worth Rs 3 lakh crore for MSMEs with turnover up to Rs 100 crore till October 31, 2020, as part of the Rs 20 lakh crore package announced by Prime Minister Narendra Modi on Tuesday. A total of 45 lakh MSMEs stand to benefit fro this measure, Ms Sitharaman pointed out.
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