credit guarantee scheme

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    West Asia Crisis: India Launches Credit Guarantee Initiative

    New Delhi, April 7 The government is considering a ₹2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs affected by the West Asia crisis, sources said.Under the scheme, a credit guarantee of about 90 per cent on loans of up to ₹100 crore would be provided to lenders...
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    Credit Guarantee Scheme for MFIs to Aid Liquidity

    Mumbai, March 20 The government on Friday approved a limited-period Rs 20,000-crore credit guarantee scheme to aid microfinance institutions (MFIs), which have been complaining about difficulties in accessing funds.The Credit Guarantee Scheme for Microfinance Institutions- 2.0 (CGSMFI-2.0)...
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    J&K Employment Growth: New Figures Highlight Government Initiatives

    In New Delhi, on February 12, the government, under the leadership of Prime Minister Narendra Modi, is working to integrate the youth of Jammu and Kashmir into the national mainstream and prevent them from straying, Minister of State for Labour and Employment Shobha Karandlaje stated in the...
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    India's Export Promotion Mission: Eight Components Set to Launch

    New Delhi, February 12 The commerce ministry is likely to launch eight components of the Rs 25,060-crore Export Promotion Mission, including e-commerce, factoring services, and warehousing, a senior government official said.In November last year, two schemes were approved by the Union Cabinet...
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    New RBI Guidelines Expand Collateral-Free Loans for Small Businesses

    Mumbai, February 9 The Reserve Bank of India (RBI) on Monday announced amendments to its lending guidelines for the micro, small and medium enterprises (MSME) sector, increasing the collateral-free loan limit for micro and small enterprises (MSEs) to Rs 20 lakh in a move aimed at improving...
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