Referring to the scheme as a “scam”, Congress spokesperson Gaurav Vallabh alleged that the web portal managing the scheme is supported by public sector institutions such as SIDBI and PSU banks as partners, even though it is owned by Ahmedabad-based private company CapitaWorld Platform Pvt Ltd
“The website asks applicants to pay Rs 1180 as service charge plus GST. If one million MSMEs apply for the same, the Company stands to gain Rs 100 crores for lead generation. This is before the banks even consider the MSME for an in-principle sanction. Should a government scheme be allowed to enrich private parties? Also, can public institutions promote a private platform and give commissions, enhanced due to the publicity done by government?”, he said.