RAJ KUMAR BHOI
11 years 7 months ago
MSMEs being the backbone of economy have been in need of funds to grow themselves but banks have yet to develop positive approach to meet their needs as they have limited source of self-financed capital. Idea of CGTMSE Scheme came from this lacuna but somehow could not acquire acceptance from the banks in general. Though loans have been given under CGTMSE, the number has been very insignificant compared to the size and scale of MSME business operations.
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