Nirmala Sitharaman announces collateral-free loans for MSMEs. Comes under the Atmanirbhar Bharat package worth Rs 20 Lakh Cr. The package will be released in 14 tranches, of which 6 are for MSMEs. Investment limit for MSMEs will be revised upwards. Rs 50,000 Cr in equity for viable and eligible MSMEs. Rs 20,000 Cr for stressed MSMEs via subordinate debt-based scheme. Additional criteria for turnover to be brought in for MSMEs.
