Prime Minister Narendra Modi laid the foundation stone and inaugurated the various projects worth 22,000 crore rupees at a function organized at Dahod in Gujarat.
Union Minister for Micro, Small and Medium Enterprises Shri Narayan Rane inaugurated the Ministry's Mega Event- "Enterprise India" under Azadi Ka Amrit Mahotsav.
The Union Cabinet has approved USD 808 million (INR 6,062.45 crore) for a new scheme 'Raising and Accelerating MSME Performance' (RAMP). The new scheme assisted by the World Bank is expected to commence in the financial year of 2022-23.
The Reserve Bank has decided to reduce the Ways and Means Advances (WMA) for States Governments and Union Territories (UTs) from Rs 51,560 crore to Rs 47,010 crore, considering the improvement in the pandemic situation.
EXAMIANS