
NITI Aayog also suggested reducing CGTMSE premium rates to increase its adoption by MSEs which often struggle to afford higher…
The MSME sector witnessed significant developments in 2024 to address delayed payments, enhance support, and boost entrepreneurship. Despite significant government…
The fund, launched in 2000, enables collateral-free loans up to a limit of Rs 5 crore to MSEs with guarantee…
The youth selected under the Agnipath scheme, which was approved by the Cabinet in 2022 as a recruitment scheme to…
Sharing the update on Monday in a post on X, CGTMSE said the Rs 1-lakh-crore-guarantee mark was achieved in 219…
The scheme was extended to women-owned MSEs in December 2022 to provide credit guarantee of 85 per cent for loans…
Under CGTMSE, the guarantee cover available for micro enterprises is up to 85 per cent for loans up to Rs…
IMEs are enterprises exempted from filing returns under the provisions of the CGST Act, 2017. In order to get them…
The five-year data showed that 15,918 small units grew into medium enterprises and 1,835 micro enterprises evolved into medium-sized entities…
In FY23, the total amount in guarantees approved was Rs 1.04 lakh crore across 11.65 lakh guarantees and Rs 56,172…
According to the circular pertaining to the scheme issued by CGTMSE to all its member lending institutions (MLIs) on February…
In July last year, the ministry had announced a Memorandum of Association between Udyam and CGTMSE for latter to access…
Loans given to MSEs based in Goa with Udyam registration will have up to 75-85 per cent guarantee coverage from…
Several MSMEs eagerly hope for continued support akin to initiatives like the ECLGS, which provided significant relief through 100 per…
The scheme offers in-principle bank approval for collateral-free term loans or working capital loans for MSMEs from Rs 10 lakh to Rs…
The year saw a number of initiatives undertaken by the government to support small businesses and enhance their ease of…
The scheme, which provides credit guarantee to banks for extending loans to MSEs without seeking any collaterals, had approved Rs…
Introduced back in July 2000 with an initial outlay of Rs 2,500 crore from the government and Small Industries Development…