It’s back to business post Diwali. Catching up on the latest in MSMEs? We’ve got you covered.
This week’s edition covers:
- Kerala Financial Corporation announces special loans for MSMEs
- ‘SAMBHAV’ programme launched by the MSME ministry in 1300 colleges
- Create recurring invoices automatically
- A free app for you
In the news 📰
Kerala Financial Corporation launches loan scheme for MSMEs
Hoping to assist MSMEs execute work orders and discount pending bills, the Kerala Financial Corporation under the scheme aims to allocate 75% of the cost of work received from PSUs and/or government departments/agencies.
With a budget of ₹ 500 Crore, the scheme will disburse loans at a rate of interest calculated on the credit rating score of the MSMEs.
MSME ministry launches “SAMBHAV”
The month-long “SAMBHAV” initiative was launched in 1300 colleges nationwide to promote entrepreneurship. The mass outreach program aims to raise awareness about the various schemes and initiatives offered under the MSME ministry for young entrepreneurs.
130 field offices across the nation are enlisted to offer guidance of the 1.5 Lakh students that have registered for the programme.
Feature alert 📢
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