Govt open to more tweaks in Rs 3 lakh crore credit guarantee scheme: Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday said the government is open to further tweaking the Rs 3 lakh crore credit guarantee scheme for providing collateral-free loans to small businesses. According to industry association CII, with which the minister had a closed-door meeting, she also said that domestic revenue generation is a concern as sectors like tourism, real estate, hospitality, and airlines have been affected “disproportionately” by the COVID-19 pandemic.




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