logo
close icon

Pre-Budget Expectation 2013: IndiaMART.com

IIFL,

Since a majority of businesses are Micro and unorganized they face a challenge in getting financial support from banks even though they fall under priority lending sector.

“I wish that the upcoming budget has policies that can influence banks to give priority lending to MSMEs. This sector needs tremendous financial push at various phases and it is vital that there are procedures that facilitate easy and adequate flow of fund by banks. Since a majority of businesses are Micro and unorganized they face a challenge in getting financial support from banks even though they fall under priority lending sector. In addition, it is important that there are measures introduced to implement schemes like CGTMSE (Credit Guarantee Fund Trust for Small and Medium Enterprise) in a more effective manner. Also, special thrust needs to be given on actual disbursement of these funds.”

Dinesh Agarwal, Founder and CEO, IndiaMART.com

Read more at http://www.indiainfoline.com/Markets/News/Pre-Budget-Expectation-2013-IndiaMART.com/5615390627

Latest Posts

A new dawn for dreams: IndiaMART’s efforts in Sahabapur...

Posted on June 10, 2025

Somewhere in the streets of Fakharpur in the Bahraich district, a change unfolded in the walls of the Upper Primary School. The school, once lacking...

Read More

Kaam Yahin Banta Hai: Building Trust, One Bet at...

Posted on May 28, 2025

In the vast and dynamic world of B2B commerce, trust, selection, and value are paramount. India’s leading online B2B marketplace, IndiaMART, is once again reinforcing...

Read More

Leaving No Dreams Behind: IndiaMART Transforms Sadat Inter College

Posted on May 21, 2025

In the quiet town of Nanpara in the Bahraich district, a remarkable transformation is taking place at Sadat Inter College. Established in 1937, this institution...

Read More