The eight-member committee under former Sebi chairman U.K. Sinha will examine the factors affecting the timely and adequate availability of finance to the MSME sector
Rs.5000 crore Stressed Asset Fund for MSMEA Reserve Bank of India (RBI) committee headed by UK Sinha suggested Rs.5,000 crore stressed asset fund for micro, small and medium enterprises (MSMEs) in a relief to businesses hut by demonetization and GST.
Doubling the limit on collateral-free loans
U K Sinha committee on micro, small and medium enterprises (MSMEs) has proposed doubling the limit on collateral-free loans to Rs 20 lakh from the current level of Rs 10 lakh to boost the fund requirement of the MSME sector.
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