Guaranteed Emergency Credit Line

Guaranteed Emergency Credit Line

Atmanirbhar Bharat Package for businesses – To promoting Local products and making them Global
Aatmanirbhar package announced measures to address the short-term liquidity crunch of MSMEs. It will help units which are typically strapped for working capital. Moreover, the government has ploughed in structural reforms as well to help drive India’s medium-term growth story.
No Guarantee fee or no fresh collateral required to avail additional finance by MSME
Government targets to help 45 lakh MSME Units who can resume business activities and safeguard jobs through the Emergency Credit line.

Last Updated On : Thursday, 05-05-2022

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