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Announced in July 2024 Budget, FM Sitharaman launches Mutual Credit Guaran
Updated : 1 year, 3 months 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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