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Interest Subvention Scheme for MSMEs (in Hindi)
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In this lesson Sakshi explains the notification regarding Interest subvention scheme

Sakshi Pahwa is teaching live on Unacademy Plus

Sakshi Pahwa
Qualified IBPS PO, Category Expert at Unacademy, 4 years of Experience in developing content for Competitive Exams, an MBA in Marketing and

Unacademy user
math class ke liye pay krna pdega kya
Sharad Gupta
8 months ago
ha ji
Sharad Gupta
8 months ago
mam
FY 2019 means FY 2018-19 ya FY 2019-20..please reply
  1. BANK RBI NOTIFICATIONS: IMPORTANT TERMS AND ANALYSIS PRESENTED BY SAKSHI PAHWA


  2. OTHER COURSES BY ME Monthly Current Affairs Monthly Banking And Financial Awareness Monthly RBI Notification Mock Questions For Various Bank Exams Such As SBI, IBPS, RBI GRADE B Etc MBA in Marketing and Finance Qualified IBPS PO Follow me on https://unacademy.com/user/ sakshi.pahwa248 Doubt or Feedback in the Comments Section Rate, review, recommend the lesson Practice Questions with Strategies on important topics like Parajumbles, RC, Sentence Connectors, Cloze Test etc.


  3. unacademy Follow me on the Unacademy Learning App 295.9k 49 views Sakshi Pahwa #10 Educator in Bank Exams Qualified IBPS PO, Category Expert at Unacademy, 4 years of Experience in developing content for Competitive Exams, an MBA in Marketing and . Get updates about new courses Watch all my lessons Download slides and watch offline 32.7k 19 101 Follow Lists (1) Q Sakshi Pahwa USE MY CODE-sakshi.pahwa248 General Awareness by Sakshi Pahwa for Bank Exams 64 saves Sakshi Pahwa


  4. Interest Subvention Scheme for MSMEs e According to an instruction by the Reserve Bank of India (RBI), all banks have to now implement the interest subvention scheme for incremental credit to MSMEs immediately. As part of access to credit, Prime Minister announced 2% interest subvention for all GST registered MSMEs, on fresh or incremental loans. .The interest subvention scheme aims to promote productivity of manufacturing and service enterprises. The scheme also provides incentives to MSMEs to get onboard the GST platform. On a large scale, this in accordance with the formalisation of the economy while reducing the cost of credit. Further, the scheme will operate for two financial years namely, FY 2019 and FY 2020. Small Industries Development Bank of India (SIDBI) is the single national level nodal implementation agency for the scheme.


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