Union Minister of Micro, Small, and Medium Enterprises (MSME) Narayan Rane has launched 'Repos Pay - a 'Mobile Electric Charging' platform and 'Phy-gital' - a Fintech Platform at the 'Fuelling India 2022' event in Mumbai.
The measures include easing norms for FPI investment in the debt market, and increasing the External Commercial Borrowing (ECB) limit under the automatic route from USD750 million or its equivalent per financial year to USD 1.5 billion.