Officials at the Orissa State Level Bankers Committee meeting urged bankers to fulfil their MSME loan targets for this financial year, increase loan extensions under the Credit Linked Capital Subsidy Scheme and tap into micro-finance institutions to service rural markets.
In order to extend credit beyond the mining industry, the Committee also recommended that the Khadi and Village Industries Board raise lending targets set under the Pradhanmantri Employment Guarantee Programme (PMEGP).
With economies of Europe and US are hard-hit by recession, SMEs in India has also witnessed decline in the last three quarters of 2008. The strong linkage with agricultural sector is one reason for micro, small and medium enterprises’’ (MSMEs) economic recession. But it would...
A new national level call-centre, named Udayami Helpline is about to be launched to help entrepreneurs of the country seek information and to redress their grievances. The call centre is given a single window model with a single toll-free number to serve entrepreneurs in India. U...
