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Factors leading to emergence of MSMEs from Bharat

Sundeep Mohindru
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Author: Sundeep Mohindru

The Government of India introduced MSME in accordance with the MSMED (Micro, Small, and Medium Enterprises Development) Act of 2006. In November 2021, the government introduced the Special Credit Linked Capital Subsidy Scheme for MSMEs (Micro Small and Medium Enterprises) within the service industries. Recent scheme involves a 25 per cent capital subsidy for the…

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