Budget 2019 announcement: 2% interest subvention for MSMEs on loan up to Rs 1 cr
"All MSME units registered with the Goods and Services Tax (GST) will now have 2 per cent interest subvention for loans up to Rs 1 crore," he said.
Till date, GeM has registered transactions of more than Rs 17,500 crore which has led to savings of 25-28 per cent. Reuters