<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>UNION FINANCE MINISTER SMT. NIRMALA SITHARAMAN PROPOSES EIGHT NEW MEASURES IN SUPPORT FOR PROMOTION OF MSMEs</title>
    <link>https://www.taxtmi.com/news?id=27691</link>
    <description>A package of measures strengthens MSME finance and market access by establishing a self-financing credit guarantee scheme for collateral-free term loans in manufacturing, a government-promoted guarantee fund to sustain credit during stress periods, and expansion of bank and SIDBI credit outreach. PSBs will develop in-house digital-footprint based credit assessment models to include enterprises without formal accounts, Mudra loan limits for repeat creditworthy entrepreneurs are increased, buyer onboarding thresholds on trade receivables platforms are reduced to improve working capital access, and infrastructure for food safety and e-commerce export hubs will be supported.</description>
    <language>en-us</language>
    <pubDate>Tue, 23 Jul 2024 13:58:44 +0530</pubDate>
    <lastBuildDate>Tue, 23 Jul 2024 13:58:44 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=761171" rel="self" type="application/rss+xml"/>
    <item>
      <title>UNION FINANCE MINISTER SMT. NIRMALA SITHARAMAN PROPOSES EIGHT NEW MEASURES IN SUPPORT FOR PROMOTION OF MSMEs</title>
      <link>https://www.taxtmi.com/news?id=27691</link>
      <description>A package of measures strengthens MSME finance and market access by establishing a self-financing credit guarantee scheme for collateral-free term loans in manufacturing, a government-promoted guarantee fund to sustain credit during stress periods, and expansion of bank and SIDBI credit outreach. PSBs will develop in-house digital-footprint based credit assessment models to include enterprises without formal accounts, Mudra loan limits for repeat creditworthy entrepreneurs are increased, buyer onboarding thresholds on trade receivables platforms are reduced to improve working capital access, and infrastructure for food safety and e-commerce export hubs will be supported.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Tue, 23 Jul 2024 13:58:44 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=27691</guid>
    </item>
  </channel>
</rss>