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Commerce Minister Piyush Goyal said the existing credit rating framework assessing MSMEs on the same parameters as multi-billion-dollar companies is "ridiculous". "How can an MSME with a turnover of ₹100-200 crore be benchmarked against a company with a turnover of ₹50,000-1,00,000 crore?" he asked. "Whoever has come up with this framework is answerable," he added.
short by Mansi Agarwal / 11:12 pm on 11 Nov
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