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<h1>MSME funding commitment boosts credit support, interest subvention, technology centres and employment schemes for micro and small enterprises.</h1> The 2019-20 interim budget increases Ministry funding to reinforce credit facilitation and institutional capacity for MSMEs, including a Credit Support Programme for credit guarantees, an Interest Subvention Scheme to fund a two percent rebate on incremental loans to GST registered units, allocations for Technology Centres and cluster development, expanded National SC/ST Hub support, and strengthened funding for the Prime Minister Employment Generation Programme and Mission Solar Charkha.
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