Need to bring 80% MSMEs under formal financial system: M Nagaraju | News


India needs to bring 80 per cent of their micro, small and medium enterprises (MSMEs) under the formal financial system from the existing 40 per cent, said M Nagaraju, secretary, Department of Financial Services.


“…A little bit more than 40 million MSMEs registered, still only 40 per cent of them are in the formal…

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