FirstpostJan 12, 2022Govt's stimulus package 'heavy hitter' to propel MSME sector; delivery of credit will be key, say ..Finance Minister Nirmala Sitharaman announced the creation of a fund of funds for MSMEs, which will infuse Rs 50,000 crore equity in units that have growth potential.New Delhi: The technology sector on Wednesday lauded the stimulus measures announced by the government but raised concerns on issues like paying salaries and pending vendor dues which will not be cleared by the new loan facilities.Mobile devices industry body ICEA said the stimulus announced by the government will propel and stabilize the growth of micro, small and medium enterprises (MSMEs).Read more at Firstpost
Finance Minister Nirmala Sitharaman announced the creation of a fund of funds for MSMEs, which will infuse Rs 50,000 crore equity in units that have growth potential.New Delhi: The technology sector on Wednesday lauded the stimulus measures announced by the government but raised concerns on issues like paying salaries and pending vendor dues which will not be cleared by the new loan facilities.Mobile devices industry body ICEA said the stimulus announced by the government will propel and stabilize the growth of micro, small and medium enterprises (MSMEs).Read more at Firstpost
