Cabinet boosts corpus for small enterprises

Cabinet boosts corpus for small enterprises

  • Union Cabinet gave ex-post facto approval for a larger package supporting small and medium enterprises — a promise made by Prime Minister Narendra Modi in his New Year’s eve address to the nation.
  • The Corpus of Credit Guarantee Trust Fund for Micro and Small Enterprises will increase from Rs.2,500 crore to Rs.7,500 crore.
  • The Centre has increased the coverage of loans covered under the credit guarantee scheme to Rs.2 crore from Rs.1 crore.

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Jayantika Singh, IRS (IT) talks about her journey of Civil Services Exam preparation with Success Guru A.K. Mishra in the latest episode of Success Speaks. She basically belongs to Riva in Madhya Pradesh but because of her father in Army, she stayed in many cities in India.