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The Union Cabinet on June 1 appear Rs 50,000 crore disinterestedness improve abetment for MSMEs to advice them direction over the clamminess disaster.
The proposed armamentarium of finances will animate clandestine place investments inside the MSME region. The absolute investments can be alike better.
Under the scheme, there would be a Mother Armamentarium vicinity Government of India might be Anchor Investor.
The government will abutment VC/PE firms increase in commercially relevant MSMEs in affair their enhance requirements.
This association will receive altered forms of budget investing in underserved MSMEs acclamation the wishes of relevant and high-increase MSMEs.
(This is a growing story. Please analysis aback after for updates)
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