Government Policies

Government Introduces Credit Guarantee Scheme for MSMEs with Loans Up to ₹100 Crore

By Editor - News Desk
The Indian government has unveiled a new credit guarantee scheme designed to provide collateral-free loans up to ₹100 crore to Micro, Small, and Medium Enterprises (MSMEs). This initiative aims to facilitate capital investment in the manufacturing sector, enabling MSMEs to acquire machinery and equipment without the need for collateral or third-party guarantees. Key
Economy National

MSMEs to Access Collateral-Free Loans up to Rs 100 Crore: Finance Minister

By BPN News Desk
Union Finance Minister Nirmala Sitharaman announced on Saturday that India’s Micro, Small, and Medium Enterprises (MSMEs) will soon have access to collateral-free loans of up to Rs 100 crore, enabled by a new credit assessment model developed by public sector banks. Speaking at the National MSME Cluster Outreach Programme in Bengaluru, she highlighted the initiative […]

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