credit guarantee

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    Pradhan Mantri Mudra Yojana Celebrates 11 Years, Supporting Rural Entrepreneurs

    New Delhi, April 8 As the Pradhan Mantri Mudra Yojana (PMMY) completed 11 years, Prime Minister Narendra Modi on Wednesday said the scheme has played a crucial role in promoting self-employment among the youth.Speaking on the social media platform X, PM Modi said, “Launched exactly 11 years...
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    MSME Credit Scheme Modified to Boost Manufacturing and Exports

    New Delhi, March 21 The Ministry of Finance said on Saturday that the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) has been modified to support manufacturers and exporters, allowing a 5 per cent upfront contribution in installments after the fourth year.According to the revised scheme...
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    Funding Support for MFIs: Govt Announces Credit Scheme

    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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    Supporting E-Commerce Exports with Government Credit Scheme

    New Delhi, March 6 MSMEs with a proven track record of at least six months of exports through postal or courier channels and having inventory in overseas warehouses for e-commerce fulfillment will be eligible for credit assistance under the Rs 25,060 crore Export Promotion Mission, the DGFT said...
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