The definition of micro, small and medium enterprises (MSME) was changed to allow for relatively bigger companies to avail the benefits of cheaper and priority

Under cash flow-based lending, banks extend credit to companies considering their future sales projection; it is one of the relief measures MSMEs have sought amid coronavirus crisis

The threshold of Rs 1 crore is not only eroding borrowers’ fiscal discipline but also is effectively closing the option of approaching the NCLT for MSME operational creditors owed smaller amounts that are crucial for their survival

Ease of Doing Business for MSMEs: The five-year RAMP programme by World Bank is a $500 million operation to support the government towards enabling growth for MSMEs with a counterpart funding of $500 million to be contributed by the government itself.

Credit and Finance for MSMEs: The new-age financial framework also included the innovation of small-ticket loans, minimal documentation, easy repayment options, digitally-enabled analysis of credit score, etc. which introduced a new business opportunity to…