The Economic TimesApr 25, 2022Parliamentary panel for providing credit card to MSME entrepreneursThe Parliamentary standing committee on finance has pitched for providing a credit card to MSME entrepreneurs on the lines of Kisan credit cards, putting in place a mechanism for payment scores and a significant ramp up of SIDBI to ensure access to regular credit to small businesses. Former minister of state for finance and chairman of the committee Jayant Sinha said such a platform will make it possible to provide MSME an affordable line of credit with product like the MSME Vyapar credit card.Read more at The Economic Times
The Parliamentary standing committee on finance has pitched for providing a credit card to MSME entrepreneurs on the lines of Kisan credit cards, putting in place a mechanism for payment scores and a significant ramp up of SIDBI to ensure access to regular credit to small businesses. Former minister of state for finance and chairman of the committee Jayant Sinha said such a platform will make it possible to provide MSME an affordable line of credit with product like the MSME Vyapar credit card.Read more at The Economic Times