It was launched as part of the Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman in May to mitigate the distress caused by coronavirus-induced lockdown
Last week, TS govt along with networking portal for small businesses, GlobalLinker, partnered with BSE in a bid to encourage MSMEs to go public to meet capital requirements
One such initiative is the setting up of an advisory committee to identify enterprises from this segment so as to provide them with the required support
The sources said the objective is to provide support to all those affected and if there are no takers for the scheme, there is no need to extend the scheme even though there is some room left
It said that the relief to all borrowers in respect of compounding of interest during the period of moratorium would be admissible to the categories specified irrespective of whether the borrowers had availed the moratorium or not.