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The global economy has been adversely affected by the COVID-19 pandemic, which has impacted most countries across continents. This pandemic has cast its shadows across different business lines with huge disparities in global production, supply chains and cross border as well as inter-country trade.
The Covid-19 pandemic has left its impact on all sectors of the ... is the hurt as much as the Medium, Small and Micro Enterprises (MSMEs) of India. ... the government has tried to directly provide wage subsidy and extra credit to ... than three months with their cash in hand if their business remains closed.
India was recently termed as the only, truly emerging market in the world at the moment. A part of this growth is fueled by the micro, small and medium enterprises of the country. The SME sector contributes over 40% of the total GDP and remains a critical source of employment for the India’s growing population. Recognizing the importance of SME growth in the post-demonetization era, the government has started some new business loan schemes and boosted other existing ones. Here are the top five business loan schemes from the government of India that you can