Current Affairs Agreements

Government-e-Marketplace signs MoU with SIDBI

Category : Agreements

  Government e Marketplace has signed an MoU with Small Industries Development Bank of India. The MoU aims to benefit MSMEs, women entrepreneurs, Self Help Groups, Women Self Help Groups and various loan beneficiaries under MUDRA and Stand-up India scheme. GeM and SIDBI will take steps to ensure payments within a guaranteed timeframe to sellers, enhance working capital availability through bill discounting.
Source: The Press Information Bureau


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