MSME Budget 2022: ECLGS extended till March 23, portals to be interlinked to act as live database for credit facilitation

MSME Budget 2022: During the budget session, the Finance Minister talked about the MSME (Ministry of Micro, Small & Medium Enterprises) sectors.

She said MSMEs such as Udyam, e-shram, NCS, and Aseem portals will be interlinked, their scope will be widened.

New Delhi | Jagran Business Desk: - MSME Budget 2022- Union Finance Minister Nirmala Sitharaman on Tuesday unveiled the annual budget for fiscal 2022-23,

the Finance Minister talked about the MSME (Ministry of Micro, Small & Medium Enterprises) sectors. She said MSMEs such as Udyam, e-shram, NCS,

. She said MSMEs such as Udyam, e-shram, NCS, and Aseem portals will be interlinked, their scope will be widened.

* Above described portals will perform with live organic databases providing G-C, B-C and B-B services such as credit facilitation,

During the session, FM Sitharaman said that Emergency Credit Line Guarantee Scheme (ECLGS) has been extended till March 2023 and has also enhanced the credit line to Rs 5 Lakh crore.

* Hospitality-related sectors will witness special focus, as well as a five-year program will be rolled out to boost the MSME.