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Resolving Delayed Payment Issue is our Priority: Kalraj Mishra

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Union Minister for Micro, Small and Medium Enterprises (MSME) Kalraj Mishra has said that his  ministry is taking personal interest to resolve the issues of delayed payment for which facilitation centres have been sensitized in the states.

“We are making efforts so that a common entrepreneur does not face any problem”, said Mr. Mishra

Mr Mishra has also mentioned that his ministry is considering every possible measure to resolve this issue. “from policy making to proper execution, we are committed towards this issue,” says Mr. Kalraj Mishra. He also raised the issue of banks not giving loan to the entrepreneurs and said that loans to the  MSME entrepreneurs are covered under  the Credit Guarantee Trust Fund scheme to take the loan. But despite of this, Banks are not able to give loan them soon.

However, he said, that ministry is trying to ensure that Bank can give loan easily to MSMEs to run the industry.

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

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