Micro, Small and medium Enterprises or the MSME is one department that is monitored by the central government. It offers medium, small and micro ventures with financial assistance. There are several loan packages, which are active. But the central government has launched a new portal that makes it possible for interested candidates to apply for loan in just 59 minutes. Launch details: Portal Scheme name MSME Business Loans in 59 Minutes Launched by Arun Jaitley, Finance Minister Launch Date September, 2018 Supervised by Micro, Small and Medium Enterprises Department Target beneficiaries Small Enterpreneurs Other government loan scheme Pradhan Mantri Mudra Yojana Key features, interest rates and subsidy 1. Financial assistance and encouragement – the MSME has come up with this new loan scheme for offering financial assistance and encoura...
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