Question
The Ministry of Micro, Small and Medium Enterprises
(MSME) has announced "Interest Subvention Scheme for MSMEs". ___________ is the single national level nodal implementation agency for the scheme. ÂSolution
The Ministry of Micro, Small and Medium Enterprises (MSME) announced "Interest Subvention Scheme for MSMEs". Small Industries Development Bank of India (SIDBI) is the single national level nodal implementation agency for the scheme. The Scheme aims at encouraging both manufacturing and service enterprises to increase productivity and provides incentives to MSMEs for onboarding on GST platform which helps in formalization of economy, while reducing the cost of credit. Â Â Â Â Â Â Â
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