20,000 MSMEs eligible for Centre’s loan scheme: CM

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NT NETWORK

Panaji

Chief Minister Pramod Sawant on Friday said that 20,000 micro, small and medium enterprises in the state are eligible under the central scheme for Rs 3 lakh crore collateral free ‘automatic’ loans  announced by Prime Minister Narendra Modi recently.

Speaking to  media persons at the Secretariat after chairing  a meeting with the state-level bankers committee on Friday, Sawant said  the government has appealed to banks to enable the state to avail maximum benefit of various schemes and financial packages announced by the Centre.

The meeting was attended by the finance secretary, officials of the Reserve Bank of India, the State Bank of India and other nationalised banks.

“The bankers agreed to give loans in a big way to traditional and rural businesses in Goa to turn around the rural economy,” he explained, adding that all loans in the tourism sector, including the loans taken to buy vehicles for running taxi service, will get relief of  three  to  six months.

The loans taken by businesses will get moratorium. They  will not be converted into non-performing assets, he added.

The bankers assured that 20,000 MSMEs which are eligible under the central scheme can avail 20 per cent more loans without producing any surety, the Chief Minister said. 

He reckoned that mining, tourism, real estate and other sectors will get relief from the schemes announced by the Centre.

The government will soon call a meeting of co-operative sector banks on  the matter.