1 out of 5 MSMEs to see stretch in working capital requirements in FY24: CRISIL
The debt requirement for the MSME sector is estimated at over ₹100 lakh crore, of which around 70% is for working capital requirement, says the report.
The debt requirement for the MSME sector is estimated at over ₹100 lakh crore, of which around 70% is for working capital requirement, says the report.
MSME loan accounts worth ₹2.2 lakh cr improved for banking industry since ECLGS launch. There are 6.34 cr MSMEs in India of which 6.3 cr are micro-enterprises.
Leading experts discuss what finance minister Nirmala Sitharaman can do to give a booster shot to the Indian economy.
FM Nirmala Sitharaman says MSMEs are backbone of country; urges private sector and industry to commit to making payments to MSMEs in 45 days