Search For "credit guarantee scheme"
Startup India Schemes support over 1,800 women-led startups across funding
Updated : 3 months, 2 weeks ago IST
The Government's flagship Startup India initiatives have provided significant financial support to women-led startups across the country through three major schemes, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups (CGSS),
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Union Cabinet approves credit guarantee scheme for exporters
Updated : 4 months, 2 weeks ago IST
The scheme will be implemented by the Department of Financial Services (DFS) through the National Credit Guarantee Trustee Company Limited (NCGTC) to provide additional credit support to eligible exporters, including MSMEs, through MLIs. A management Committee formed under the chairmanshi
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Govt. promotes Credit Guarantee Scheme for MSMEs to empower first-generati
Updated : 8 months, 3 weeks ago IST
The Ministry of Micro, Small & Medium Enterprises (MSME), Government of India, is actively promoting the Credit Guarantee Scheme for Micro & Small Enterprises (CGTMSE) to empower first-generation entrepreneurs and foster self-employment opportunities.
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Revised Credit Guarantee Scheme, key to India's manufacturing and self-rel
Updated : 10 months, 3 weeks ago IST
Indian Union Minister Piyush Goyal sees revised Credit Guarantee Scheme for Startups (CGSS), as a means to boost domestic manufacturing and will help India in heading towards Aatmanirbharta.
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Government expands credit guarantee scheme to boost capital access for Sta
Updated : 10 months, 3 weeks ago IST
In a move aimed at further strengthening the startup ecosystem in India, the government has expanded the Credit Guarantee Scheme for Startups (CGSS) to increase capital mobilization for budding enterprises, the Department for Promotion of Industry and Internal Trade (DPIIT) said in a stateme
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Announced in July 2024 Budget, FM Sitharaman launches Mutual Credit Guaran
Updated : 1 year, 1 month ago IST
Finance Minister Nirmala Sitharaman on Monday launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS - MSME) for facilitating loans upto Rs.100 crore to MSMEs for the purchase of machinery or equipment without collateral.
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FM Sitharaman urges SIDBI, Rural Regional Banks to ensure credit to MSMEs
Updated : 1 year, 7 months ago IST
Union Finance Minister Nirmala Sitharaman reiterated the Government's commitment to expanding banking services for the benefit of small entrepreneurs.
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Union Budget 2024-25: Sitharaman proposes Rs 100 crore credit guarantee sc
Updated : 1 year, 8 months ago IST
The fund will facilitate term loans to MSMEs for purchase of machinery and equipment without collateral or third-party guarantees, Sitharaman said.
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Assam govt launches Assam Credit Guarantee Scheme with effect from April 1
Updated : 2 years, 9 months ago IST
"We are pleased to inform you that CGTMSE in collaboration with the State Government of Assam has launched a special guarantee scheme, Assam Credit Guarantee Scheme (ACGS), for the MSEs situated in the State of Assam," the letter read.
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Quote on Budget by R. Narayan, Founder and CEO Power2SME, President FICCI-
Updated : 3 years, 1 month ago IST
New Delhi [India], February 2 (ANI/NewsVoir): We welcome the Union Budget 2022-23 that has emphasized alleviating stress for small businesses. The government's continuous efforts to boost the MSME sector by infusing Rs. 9,000 crore into the credit guarantee scheme will not only help the sect
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Budget 2023: FM revamps credit guarantee scheme for MSMEs via Rs 9,000-cro
Updated : 3 years, 1 month ago IST
Describing micro, small and medium enterprises (MSMEs) as growth engines of our economy, Nirmala Sitharaman's Budget proposes enhanced limits for micro-enterprises and certain professionals for availing the benefit of presumptive taxation.
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Govt notifies establishment of 'Credit Guarantee Scheme for Startups'
Updated : 3 years, 5 months ago IST
New Delhi [India], October 7 (ANI): The Department for Promotion of Industry and Internal Trade (DPIIT) has notified the establishment of the Credit Guarantee Scheme for Startups that will act as a key enabler and risk mitigation measure for lending institutions and ensure collateral-free fu
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