New Delhi: Prime Minister Narendra Modi has termed the decision to bring retail and wholesale business under MSME as historic. He said that his government is committed to empower this community. Due to the decision to bring retail and wholesale business under MSME, retail and wholesale traders will also be able to get loans from banks and financial institutions in priority category.
"Will help crores of traders to get loans easily"
PM Modi tweeted on Saturday, "Our government has taken a historic step to include retail and wholesale trade in MSMEs. This will help crores of our traders to get loans easily. They will get many other benefits and their business will also get a boost. We are committed to empower our merchants."