Government unveils Rs 100 crore credit guarantee scheme to strengthen MSME manufacturing sector
The government approved a Mutual Credit Guarantee Scheme to enhance credit availability for micro, small, and medium manufacturing sectors, under the Make in India initiative. The scheme provides 60% guarantee coverage for loans up to Rs 100 crore, aiding MSMEs in financing equipment and machinery purchases.
The government approved a Mutual Credit Guarantee Scheme to enhance credit availability for micro, small, and medium manufacturing sectors, under the Make in India initiative. The scheme provides 60% guarantee coverage for loans up to Rs 100 crore, aiding MSMEs in financing equipment and machinery purchases.
