National( MSME) Borrowers’ Association – Press Release – 02.11.24
National( MSME) Borrowers' Association 101 Gundecha Chambers Nagindas Master Road, Fort, Mumbai. 2nd November 2024 Press Release National MSME Borrowers Association conducted a press conference today at press club to bring to the public domain the failure of the authorities, particularly the RBI and the Banks and financial institutions to give effect to the notification dated 29.5.2015 under the MSMED Act. The MSMED Act and the notification was enacted taking note of the fact that MSMEs constitute to be the backbone of the Indian economy particularly, generation of employment, creation of wealth and equitable distribution of wealth. The MSMEs, which today includes trading and the service sectors,...
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