Question
Which of the following committees under the PM
Vishwakarma Scheme oversees the credit flow and interest subvention mechanism?Solution
The Credit Oversight Committee, chaired by the Secretary, Department of Financial Services (DFS) and including representatives from MSME, Expenditure, RBI, SIDBI, and CGTMSE, monitors credit disbursement, ensures proper flow to beneficiaries, and can revise the interest subvention cap depending on prevailing lending rates.
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