More than 6 crore MSMEs will provide employment to more than 11 crore people in the country.
New Delhi. The press conference has started after the Modi cabinet meeting. Many important decisions have been made about the farmer and the industry. Union Minister Prakash Javadekar said the MSME has been given a loan proposal of Rs 20,000 crore, which will increase job opportunities. The decision of the cabinet will benefit crores of farmers. More than 6 crore MSMEs will provide employment to more than 11 crore people in the country.
What decisions are made
The Minimum Support Price (MSP) for cereals has been declared at Rs. 1868, for sorghum hybrid at Rs. 2620 and for millet at Rs. 2150.
The definition of MSME has been changed. A Rs 50,000 crore fund of funds scheme has also been approved.
According to information received, a meeting of the Cabinet Committee on Economic Affairs and the Cabinet Committee on Security may also be held at PM Awas. The two meetings could discuss China's moves in Ladakh on economic issues.
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The fourth phase of the lockdown ended on May 31. Unlock-1 has started from today. An e-permit will no longer be required to travel from one district to another or to a state. There will now be a curfew from 9pm to 5am. The first was a ban from 7pm to 7am.
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