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It’s back to business post Diwali. Catching up on the latest in MSMEs? We’ve got you covered.

This week’s edition covers:

Hoping to assist MSMEs execute work orders and discount pending bills, the Kerala Financial Corporation under the scheme aims to allocate 75% of the cost of work received from PSUs and/or government departments/agencies. 

With a budget of ₹ 500 Crore, the scheme will disburse loans at a rate of interest calculated on the credit rating score of the MSMEs.

The month-long “SAMBHAV” initiative was launched in 1300 colleges nationwide to promote entrepreneurship. The mass outreach program aims to raise awareness about the various schemes and initiatives offered under the MSME ministry for young entrepreneurs.

130 field offices across the nation are enlisted to offer guidance of the 1.5 Lakh students that have registered for the programme.

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