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Citizens Forum requests PM for Shishu Loan for vendors | | | Early Times Report
JAMMU, May 21: Citizen’s Forum has requested Prime Minister Narendra Modi to order bankers to give small shishu loan of Rs.10000 directly to the vendors and other small workers and not through Agents. R K Chadha President Citizen’s Forum said that 10% loan of working capital as help in the moratorium period is just nothing to keep afloat the businesses as this is not sufficient to entrepreneurs to run home kitchen alone. It is understood that Finance Minister is increasing another 10% of this kind of loan but as claimed by FM that these measures provide timely and adequate liquidity to MSME sector which provide employment to 120million people and 45% of overall exports, is beyond common man’s understanding as all units stand closed. |
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