New Delhi, June 30: The Government of India has disbursed ₹1 lakh crore to support Micro, Small and Medium Enterprises (MSMEs) in addressing liquidity challenges arising from the ongoing Gulf crisis, a senior government official said.
The financial assistance aims to ease cash flow pressures, stabilize operations, and ensure continuity of business activities for MSMEs that may be impacted by disruptions in trade, supply chains, and overseas markets linked to the Gulf region.
Officials stated that the support package is intended to strengthen working capital access and help businesses manage short-term financial stress caused by external geopolitical uncertainties. The initiative is also expected to safeguard employment and maintain stability in critical sectors dependent on MSME supply networks.
The government emphasized that MSMEs remain a key pillar of India’s economy, contributing significantly to employment generation and exports. The measure reflects a proactive approach to mitigate risks arising from global developments.
Further details on implementation mechanisms and eligibility guidelines are expected to be issued by the concerned ministries and financial institutions.
