In “Diwali Gift” For Small Businesses, PM Modi Launches 59-Minute Loans .

Prime Minister Narendra Modi on Friday launched a 59-minute loan programme and other moves to help small businesses as part of the centre’s “support and outreach initiative” for micro, small and medium enterprises (MSMEs) in New Delhi. “Loan requests for up to Rs 1 crore will be cleared in about the same time it takes for your morning commute,” he said. The programme was unveiled as part of 12 new decisions to aid the sector which, the PM said, were like “Diwali gifts for MSMES”

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Md Elias Ali

I am **Md Elias Ali**, the **Managing Editor & Co-Founder of Guwahati Times**, a leading digital news platform based in Guwahati, Assam. With over **five years of experience in the media and digital news industry**, I specialize in editorial leadership, digital journalism, content strategy, and newsroom management. Beyond journalism, I am a **technologist, social media strategist, graphic designer, educator, and author**. I am passionate about leveraging technology and creativity to drive digital innovation, build impactful media brands, and deliver credible, engaging content to audiences across Northeast India and beyond.