https://timesofindia.indiatimes.com/blogs/et-commentary/in-stimulus-the-helping-hand-fms-policy-of-guaranteed-loans-to-urban-poor-is-superior-to-other-welfare-schemes/
In stimulus, the helping hand: FMs policy of guaranteed loans to urban poor is superior to other welfare schemes
Among proposals announced by FM Sitharaman on Monday, an important element is the credit guarantee scheme to incentivise microfinance institutions (MFIs) to lend to the urban poor. Undoubtedly, the urban poor have experienced stress due...