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Credit Guarantee Trust For Micro And Small Enterprises

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Rediff.com  »  News  »   Credit Guarantee Trust For Micro And Small Enterprises

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PM Modi dubs DMK's Raja as 'outdated 2G missile'

 In a veiled attack, Prime Minister Narendra Modi on Tuesday dubbed former union telecom minister A Raja, an 'outdated 2G missile' of the Congress and Dravida Munnetra Kazagham that targeted Tamil......

FM announces revamped credit guarantee scheme for MSMEs

 Finance Minister Nirmala Sitharaman on Wednesday announced a revamped credit guarantee scheme with an outlay of Rs 9,000 crore for micro small and medium enterprises to be launched from April 1,......

Sitharaman extends ECLGS scheme for MSMEs till Mar 2023

 The Emergency Credit Line Guarantee Scheme (ECLGS) that provided much needed additional credit to over 1.3 crore MSMEs will be extended till March 2023 with its guarantee cover expanded by Rs......

Why easy credit for MSMEs may not take off soon

 The MSME sector, which is employment-intensive, accounts for 45 per cent of the country’s manufacturing, 40 per cent of exports and nearly 8 per cent of gross domestic product, reports......

Nitin Gadkari's mega plan for small biz

 The plan includes step-wise expansion of a crucial credit guarantee net, establishment of an unprecedented number of functional clusters and increased government procurement from MSMEs.......

Mudra Bank: New regime, old philosophy

 What can Mudra Bank do that can't be done now with some tweaking of the existing system? I dug around a bit and discovered, to my horror, that successive governments have focused on microlending......

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