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    <title>Promotion of MSME Sector</title>
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    <description>Regulatory and policy measures to expand and facilitate MSME credit include Priority Sector Lending prescriptions for micro enterprise lending, simplified working capital assessment for small units, promotion of specialized MSE bank branches, prohibitions on collateral for small loans, mandatory acknowledgement and serialisation of loan applications, encouragement of centralised registration, promotion of Credit Guarantee cover with differential interest treatment for guaranteed exposures, and development of the Trade Receivables Discounting System to finance receivables, together with use of insolvency, securitisation and debt recovery frameworks to improve resolution of stressed assets.</description>
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