The Indian government has announced a new financial initiative to support Micro, Small, and Medium Enterprises (MSMEs) by offering loans of up to ₹100 crore under a mutual credit guarantee scheme. The move aims to strengthen the financial backbone of MSMEs and enhance their contribution to the
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In a significant step to bolster agricultural development, the Central Government has introduced a ₹1,000-crore credit guarantee scheme aimed at empowering farmers with improved access to institutional credit. The scheme is expected to address financial constraints faced by small and marginal farmers and promote sustainable agricultural practices across the country.