BusinessAhead Of GST Meet, Nirmala Sitharaman Assures Support To Small Businesses
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Ahead Of GST Meet, Nirmala Sitharaman Assures Support To Small Businesses
Comments from FM came a day after she met with chiefs of PSBs
In Thursday's meet, the FM reviewed the money flow in the system
A number of measures have been announced aimed at reviving economy
Nirmala Sitharaman said the support to small businesses will be strictly in accordance with RBI norms
Finance Minister Nirmala Sitharaman said on Friday that state-run banks will support stressed loans of small businesses till March 3 without classifying them as non-performing assets (NPAs). The government is committed to supporting small businesses without compromising prudential lending, she said on Twitter, hours ahead of the 37th meeting of the GST Council in Goa. The support to Micro, Small and Medium Enterprises will be strictl...