Nitin Gadkari Union Minister for Micro, Small and Medium Enterprises said that the changing the definition of MSMEs, Scheme of Fund of Funds, Champions portal, extended credits to MSMEs will certainly accelerate the wheels of economy which had slowed down due to lockdown in the wake of Pandemic. He said this today while addressing a Virtual MSME Conclave organized by FICCI Karnataka State Council. He appealed to all the stakeholders to do away with all kinds of fear and negativity and assured that government is doing everything possible to make the country a super economic power.
Gadkari further informed that loans of about Rs. 1,20,000 crore have been disbursed to MSMEs out of Rs. 3 lakh crore announced in the relief package.