FM says 15 measures to be announced today.

- Collateral free loan for MSMEs upto Rs 3 lakh crore.
- MSMEs with Rs 25 Crore outstanding loan or Rs 100 crore turnover can avail.
- 100 percent credit guaranteed (presumably by govt)
- To benefit 45 lakh MSMEs 1/n

Loans will be of 4 year tenure. 12 month moratorium on principal payment. Interest to be capped.

Announcement 2:
-- Rs 20,000 crore subordinate debt programme for stressed MSMEs
-- 2 lakh MSMEs to benefit including stressed / NPAs
-- Govt to provide Rs 4000 crore to the Credit Guarantee fund, which in turn will provide the debt.

Announcement 3:
-- Fund of funds with corpus of Rs 50,000 crore for equity infusion in MSMEs