Msme Credit Scheme News - Latest Updates & Headlines
Announced in July 2024 Budget, FM Sitharaman launches Mutual Credit Guarantee Scheme for MSMEs
Mumbai, February 17: Finance Minister Nirmala Sitharaman on Monday launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS - MSME) for facilitating loans upto Rs.100 crore to Micro, Small and Medium Enterprisess for the purchase of machinery or equipment without collateral.
FM Sitharaman launches Mutual Credit Guarantee Scheme for MSMEs
Mumbai, Feb 17: The Centre on Monday launched the 'Mutual Credit Guarantee Scheme for MSMEs', which was announced in the Union Budget 2024-25 to boost the micro, small, and medium enterprises.