The pension benefit will be extended to around 3 million retail merchants, merchants
NEW DELHI: Under the Pradhan Mantri Karam Yogi Man dhan scheme (PMKYM), it will be extended to around three million people and merchants with an annual turnover of less than 1.5 million people.
The Union finance minister, who presented Friday in the Lower House of Parliament, said: The pension benefit will be extended to approximately 3 million retail traders and merchants with an annual turnover of less than 1.5 million people.
Rs 350 crore allocated to a 2 percent interest subsidy for all MSMEs registered in GST in new or incremental loans, he added.
Previously, approved the 2019-20 budget.