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This is how Stressed MSMEs will benefit from Govt’s Rs 20,000 Crore Support, Crediwatch CEO Meghna Suryakumar explains
The Union Cabinet has announced the approval of provisioning of Rs 20,000 crore as subordinate debt to provide equity support to stressed MSMEs. Meghna Suryakumar, founder & CEO, Crediwatch, underscores how small businesses are set to benefit: New definition for MSMEs: As per the new regulation, the new categorisation of investment of Rs 1 crore
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