Post recapitalisation of the PSU banks, the union government is planning to ease the procedure of availing loans for Ministry of Micro, Small and Medium Enterprises (MSMEs), a source aware of the development has told this to Zee Business. 
 
According to information, the government is developing a new model for the same. Under the new model, the JAM (Jan Dhan-Aadhaar-Mobile) Trinity will act as an aggregator platform. The information suggests that a blueprint in relation to the new model of granting loans to MSMEs has been prepared by the finance ministry in association with UIDAI. 
 
Under the blueprint, the manufacturers, exporters, and banks will be brought together. Bringing them together will enable banks to know about the credit history of the companies, which means that the companies and exporters with good credit history will not have to pay security to the banks for securing loans. 
 
Earlier on October 24, 2017, Arun Jaitley, the finance minister of India, announced a Rs 2.11 lakh crore recapitalisation plan for the PSU banks. 

Reporting by Alok Priyadarshi at Zee Business