India, Dec. 8 -- The Government of India has issued a release:
The Government of India has taken a number of steps to address the issues and challenges pertaining to the MSME sector in the country. Some of these steps are as under:
To provide adequate financial support and technology and trade support to various MSMEs, including leather and textile sector, a series of measures have been undertaken, which inter-alia include schemes such as Prime Minister's Employment Generation Programme for setting up of new micro enterprises in the non-farm sector by providing Margin Money subsidy on the Bank loan, Special Credit Linked Capital Subsidy Scheme with a provision of 25% subsidy to SC/ST MSEs on institutional finance for procurement of Plant ...