FM doubles budgetary allocation for MSMEs, but one scheme gets the king's share

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FM doubles budgetary allocation for MSMEs, but one scheme gets the king's share
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, ET Online
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Synopsis

The Union Budget 2021-22 has earmarked an allocation of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises — more than double of the last year.

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The biggest takeaway of this category has been the allocation earmarked to GECL facility to eligible MSME borrowers.

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