Rs 3 lakh crore collateral-free loans for MSMEs: Nirmala Sitharaman on stimulus package

Briefing the nation on the stimulus package, Finance Minister Nirmala Sitharaman said that the medium and small scale enterprises (MSMEs) will be eligible for collateral-free automatic loans as part of the Rs 20 lakh crore package which was announced by Prime Minister Narendra Modi on Tuesday evening.