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Direct market intervention strategies for MSMEs

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....irect market intervention strategies for MSMEs <br>News and Press Release<br>Dated:- 28-4-2016<br><BR>The Ministry of Micro, Small and Medium Enterprises (MSME) has been providing subsidy under Credit....

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.... Linked Capital Subsidy Scheme (CLCSS) and margin money subsidy through Prime Minister's Employment Generation Programme (PMEGP). Provision of subsidy effectively lowers the cost of borrowing for Micr....

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....o and Small Enterprises (MSEs) thereby enhancing the viability and profitability of such enterprises. There are several laws, at present, to handle insolvencies and bankruptcies. These include Compani....

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....es Act, 2013, Recovery of Debt Due to Banks and Financial Institutions Act, 1993 (RDDBFI), The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SAR....

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....FAESI) and Sick Industrial Companies (Special Provisions) Act, 1985 (SICA). Insolvency of individuals is covered under The Presidency Towns Insolvency Act, 1909, and Provincial Insolvency Act, 1920. T....

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....he existing mechanism involves time consuming processes. Therefore, Government has introduced a comprehensive Insolvency and Bankruptcy Bill, 2015 in the Parliament. This information was given by the....

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.... Minister of State, Micro, Small and Medium Enterprises, Shri Giriraj Singh in a written reply to a question in Rajya Sabha here today.<BR> News - Press release - PIB....