Question:
Measures to boost the Micro, Small and Medium Enterprises (MSME) sector have recently been announced. Which of the following statements are Correct in this context:
1. Earlier, public sector companies had to procure 20% of their total purchases from MSMEs.
2. According to the new rules, 5% of the total procurement by public sector companies must be done from women entrepreneurs belonging to the MSME sector.
3. Interest subvention of 2% have been announced on fresh loans only by MSMEs.
A) 1 only
B) 2 only
C) 1 and 3 only
D) 1, 2 and 3
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