PM Modi announces 59-minute loan scheme |
Prime Minister Narendra Modi has launched a 59-minute loan programme to help small industries at the Vigyan Bhawan in New Delhi. The launch was part of the Centre`s “support and outreach initiative” for micro, small and medium enterprises (MSMEs). Highlighting the 12 major decisions taken by the central government for MSMEs sector, PM Modi said, “when after breaking silos, collective initiatives are taken, collective responsibilities are fulfilled, and collective decisions are taken, it creates a comprehensive impact. ”The government has accorded high priority to the MSME sector in recent years. This outreach and support programme, which will run for the next 100 days, covering the entire country, is expected to provide greater synergy to the efforts being made for this sector.
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