Banglashree for Micro, Small and Medium Enterprises: Interest Subsidy on Term Loan (IS)

Banglashree for MSMEs is a West Bengal government scheme that provides interest subsidy on term loans borrowed from commercial banks. It is implemented by the MSMEs Department of the Government of West Bengal. The scheme aims to reduce the financial burden on eligible micro and small enterprise owners by subsidizing a portion of their annual interest liability on term loans.