Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has launched the National MSME Cluster Outreach Programme, organised jointly by the Department of Financial Services (DFS), Ministry of Finance, Government of India, and Small Industries Development Bank of India (Sidbi)
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Union Finance and Corporate Minister, Nirmala Sitharaman on Saturday said that the Ministry of Micro, Small and Medium Enterprises (MSMEs) will get collateral-free loans of upto Rs 100 crore through a new credit assessment model by PSU banks
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For being employed, people need more and the government is working to fill this gap, says the finance minister
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The visit will begin in Guadalajara, often referred to as the 'Silicon Valley' of Mexico due to its robust technology ecosystem
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The Finance Minister advises the banking sector to ensure that regular emergency drills are being conducted to check the status of preparedness
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The NPS Vatsalya scheme allows parents to start early retirement savings for their children, with seamless transition to a regular NPS account upon adulthood
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The discussions focused on deepening collaboration in critical areas such as digitalisation, green initiatives, and skill development
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She highlights that government officials should prioritise solving problems at the stage where they are mere doubts, rather than allowing them to develop into full-blown grievances
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Representatives from all 43 RRBs, centered around improving business performance, upgrading digital services and fostering business growth in rural and MSME clusters, ministry said in a statement
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The meeting will also cover initiatives for micro, small and medium enterprises (MSMEs), performance under government schemes, recent interventions, and any pending issues that require attention
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