As per the turnover method of working capital, what is the minimum bank credit that banks can provide to Small units?

The projected turnover method was originally suggested by the P.J. Nayak Committee for the Small Scale Industries in India in need of working capital from banks. According to this method, the working capital requirement of the MSME unit is calculated at 25% of annual projected turnover to be shared between the borrower and the bank, viz. ·         borrower contributing 5% of the turnover as net working capital (NWC) and ·         bank providing finance at a minimum of 20% of the turnover. Projected turnover may be interpreted as 'Gross Sales' including excise duty.