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In December 2019, Nitin Gadkari has approved the changes in the Interest Subvention Scheme guidelines for MSMEs. When was the Interest Subvention Scheme for MSMEs launched?

In December 2019, Nitin Gadkari has approved the changes in the Interest Subvention Scheme guidelines for MSMEs. When was the Interest Subvention Scheme for MSMEs launched? Correct Answer 2018

  • MSME Minister Nitin Gadkari has approved the changes in the Interest Subvention Scheme guidelines for MSMEs.
  • The Interest Subvention Scheme for MSMEs was launched by PM Narendra Modi in November 2018.
  • The modifications to the scheme include settlement of claims based on internal or concurrent auditor certificate and submission of statutory auditor's certificate once by June 2020.

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