Joint Council of Association of Coimbatore submits representation to Finance Minister; Seeks revision in loan eligibility limit, extension of loan restructuring period

The Joint Council of Association of Coimbatore requested for the Government to consider and act favourably for the benefit of MSMEs


Coimbatore: The Joint Council of Association of Coimbatore has submitted a representation to the Finance Minister Nirmala Sitharaman, MSME Minister Ratan Tatu Rane and the Additional Secretary and Development Commissioner, Ministry of MSME, Devendra Kumar Singh requesting for revision of loan eligibility limit up to Rs.100 crores from the existing Rs.50 crores for loan restructuring, extend the record date for availing the loan restructuring facility till September 30, 2022 from the present cut-off date of March 31.

The Council requested the Government's consideration and favourable action for the benefit of MSMEs.

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