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The MSME economic package may turn out to be beneficial for some startups

The MSME economic package may turn out to be beneficial for some startups

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Finance Minister Nirmala Sitharaman, on Wednesday, delivered the much-awaited economic package, bringing relief to the MSME sector, one of the worst-hit during the pandemic in the country. Some of the notable measures announced included Rs 3 lakh crore collateral-free automatic loans, Rs 20,000 crore subordinate debt, and revised definitions of MSMEs.

While the benefits may not be…

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