PAC for lowering interest rates of loans to MSMEs – The Hindu BusinessLine

Clipped from: https://www.thehindubusinessline.com/economy/pac-for-lowering-interest-rates-of-loans-to-msmes/article34077136.ece

The Public Accounts Committee (PAC) has asked the Department of Financial Services and commercial banks to charge “uniform and lowest possible” rates of interest to help MSMEs. In a report tabled in Parliament on the Prime Minister’s Employment Generation Programme (PMEGP), the panel also suggested the MSME Ministry to play a pro-active role in ensuring that the scheme runs well.

NITI Aayog role in SDG

“The Committee, have therefore, exhorted NITI Aayog to take suitable measures to compensate for the delayed action. Also, it has been felt that it may be preferable to clearly specify NITI Aayog’s role in implementation of SDGs in the Allocation of Business Rules,” it said.

The panel also noted that efforts to raise public awareness about SDGs in seven States have not been comprehensive, focussed and sustained. The panel demanded more effective communication campaigns tailored to the context, language, values and resources accessible to the local stakeholders and audiences.

“Upon noticing that public awareness programmes that are being undertaken being of a subdued nature, do not seem to be very effective in terms of outreach, the Committee have desired that NITI Aayog should have an interactive web page to reach out to the States and the general public,” the report said.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s