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Mutual Credit Guarantee (MCG) scheme for Medium and Smal Enterprise (MSMEs) to boost investment, manufacturing, exports: Exporters
The recent launch of a credit guarantee scheme for the MSME sector, which covers loans up to Rs. 100 crore (US$ 11.6 million), is expected to attract more investments, promote manufacturing, and ...
Govt Rolls Out MSME Credit Guarantee Scheme to Boost Manufacturing
In a move to strengthen the micro, small, and medium enterprises (MSMEs) Sector, The Government has come forward with the mutual credit guarantee scheme for MSMEs (MCGS-MSME).Key Highlights of ...
Government Sanctions Mutual Credit Guarantee Scheme to Boost MSME Manufacturing
While the loan coverage is capped at INR 100 crore, the total project cost can exceed this amount, provided at least 75 per ...
Centre approves scheme to boost MSME manufacturing sector
The government has approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) that would facilitate loans up to Rs 100 ...
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Govt to provide 60% guarantee on capital credit of up to Rs100 crore to MSMEs
National Credit Guarantee Trustee Company Limited (NCGTC) will provide guarantee of up to 60 per cent to member lending institutions for extending capital cre ...