MSMEs, start-ups, women entrepreneurs looking for funds? GeM, SIDBI to help
GeM and SIDBI will take steps to ensure payments within a guaranteed time frame to sellers, enhance working capital availability through bill discounting and control NPAs through control of end use, a government statement stated.
This MoU will enable the promotion of government's special initiatives of GeM like Womaniya and Start-up Runway with SIDBI stakeholders. Image source: Reuters