{"id":2011,"date":"2019-08-30T12:46:42","date_gmt":"2019-08-30T12:46:42","guid":{"rendered":"https:\/\/blog.indifi.com\/?p=2011"},"modified":"2024-06-14T12:21:08","modified_gmt":"2024-06-14T12:21:08","slug":"government-business-loan-schemes-for-msmes-in-india","status":"publish","type":"post","link":"https:\/\/www.indifi.com\/blog\/government-business-loan-schemes-for-msmes-in-india\/","title":{"rendered":"MSME Scheme – Best Government Business Loan Schemes for MSMEs"},"content":{"rendered":"
\n
\"\"<\/figure><\/div>\n\n\n

<\/p>\n\n\n\n

India is growing as an emerging market in the world is partly fuel by entrepreneurs. The burgeoning growth of micro, small and medium enterprises (MSME) generates not only employment but also output and exports and in fact, is a major contribution towards the country\u2019s GDP. The MSME sector contributes 30% to the GDP and during the 2006-2015 year, block registered an annual growth rate of 4.35%.<\/p>\n\n\n\n

The MSME sector is a vital part of the economic mechanism of the country, however, the sector also suffers from various drawbacks that prevent it from flourishing further. The stunted access to finance and credit, low scale technology, marketing, etc. are some of the challenges that the sector faces. The government envisages an increase in the sector and has rolled out various credit initiatives.<\/p>\n\n\n

\n
\"MSME<\/figure><\/div>\n\n\n

<\/p>\n\n\n\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n