Small industries to get Rs 3 lakh crore collateral-free automatic loans: FM

Rozana Spokesman

News, Nation

Yesterday, Prime Minister Narendra Modi announced Rs 20 lakh crore package to boost the economy during the Corona crisis.

Nirmala Sitharaman
Nirmala Sitharaman

New Delhi: Yesterday, Prime Minister Narendra Modi announced Rs 20 lakh crore package to boost the economy during the Corona crisis. This was stated by Finance Minister Nirmala Sitharaman in a press conference here today.

Meanwhile, she said that those MSMEs who are under stress would be provided cash amount of Rs 25000 crore by the date of submission. SAEs come in small and medium businesses.