BIG ANNOUNCEMENT for 2.5 crore retail, wholesale traders; to be brought under MSME ambit, will get benefits as per RBI, CONFIRMS Nitin Gadkari
In a move that will benefit 2.5 crore retail and wholesale traders, the Centre on Friday announced that these traders will be brought under the ambit of Micro, Small & Medium Enterprises (MSME).
The move is to ensure that they get benefit of priority sector lending under the Reserve Bank of India (RBI) guidelines. Source: Reuters/PTI