The MSME databank portal has been launched by which union ministry?
[A]Ministry of Textiles
[B]Ministry of Finance
[C]Ministry of Rural Development
[D]Ministry of Health and Family Welfare
Ministry of Finance
The Union Finance Minister Arun Jaitley has launched a data bank Portal of Micro, Small and Medium Enterprises (MSME) in New Delhi. The purpose of the portal is to gather information about MSMEs. Through data bank, the census of MSMEs will be carried out online. Beside this, an Online Finance Facilitation Web Portal has also launched to provide collective funding options for MSMEs. Till date, 6 Online Finance Facilitation Centres in Jalandhar, Ludhiana, Guwahati, Lucknow, Peenya near Bangaluru and Delhi have been opened and six more will be unveiled in the near future.