economy<\/a> with high social returns and a high need for inclusive development may not receive timely and adequate credit.
Today, banks lend nearly 40 percent of their adjusted net bank credit to the priority sector.<\/p>\n","protected":false},"excerpt":{"rendered":"Retail and wholesale traders have been classified as MSME (Micro, Small, and Medium Enterprises) by the government. Highlights: The MSME sector includes the industrial and service sectors but not the services sector, they were not considered MSMEs. Because MSMEs are included in the Priority Sector Lending (PSL) Guidelines, Retail and Wholesale trade will now be … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[687],"class_list":["post-2656","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-06-07-21"],"yoast_head":"\nRetail and Wholesale Trades are Now Included in the MSME category - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/13\/retail-and-wholesale-trades-are-now-included-in-the-msmecategory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retail and Wholesale Trades are Now Included in the MSME category\" \/>\n<meta property=\"og:description\" content=\"Retail and wholesale traders have been classified as MSME (Micro, Small, and Medium Enterprises) by the government. Highlights: The MSME sector includes the industrial and service sectors but not the services sector, they were not considered MSMEs. Because MSMEs are included in the Priority Sector Lending (PSL) Guidelines, Retail and Wholesale trade will now be ... 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