"More leeway for States on MSME policy"
New Delhi: The government I s planning a slew of measures, including a model national policy, to prop up the micro, small and medium enterprises (MSMEs), which suffered grievously during the Covid-19 pandemic and the lockdowns it triggered. The model national policy would be framed in such a manner that States could accordingly chalk out their own policies for MSMEs. This will help build a suitable alignment at the State level, officials told Bizz Buzz
Funds have been a perennial issue for MSMEs. The government has decided to review the framework for funding arrangements. On the anvil are incentives and concessions to promote competitive enterprises