To address liquidity constraints of NBFCs and housing finance corporations, partial credit guarantee scheme will be launched by government, Sitharaman added. The finance minister said amendments will be made to enable NBFCs to extend invoice financing to MSMEs.
Sitharaman said the government has accepted recommendations of interim report of 15th Finance Commission and the final report will be submitted later. All flagship schemes of the government are provided for in Budget, the finance minister said.
The government will sell part of its holding in LIC, she said adding an international bullion exchange will be set up in IFSC GIFT City.
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