The scheme aims to enable up to Rs 100 crore collateral-free loans for MSMEs to purchase machinery or equipment.

The Finance Minister also distributed sanction letters to MSMEs qualifying for the scheme. This initiative aims to improve ...

As per the approved framework, the National Credit Guarantee Trustee Company Limited (NCGTC) will provide 60 percent ...

The Government of India has taken a significant step toward strengthening the Micro, Small, and Medium Enterprises (MSME) sector by approving the Mutual Credit Guarantee Scheme (MCGS-MSME).

Finance Minister Nirmala Sitharaman introduced the Mutual Credit Guarantee Scheme to aid MSMEs with collateral-free loans up ...

Finance Minister Nirmala Sitharaman on Monday launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS – MSME) for ...

Union Finance and Corporate Affairs Minister Nirmala Sitharaman has launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS - MSME) for facilitating loans upto Rs 100 crore to MSMEs for purchase ...

Mumbai: The Centre Monday launched the ‘Mutual Credit Guarantee Scheme for MSMEs’, which was announced in the Union Budget ...

The MSGS offers 60% guarantee coverage by the National Credit Guarantee Trustee Company Ltd (NCGTC). This means member ...

Under this scheme, the National Credit Guarantee Trustee Company Ltd (NCGTC) will provide 60% guarantee coverage to member ...

(MENAFN- IANS) Mumbai, Feb 17 (IANS) 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 ...

The Union government on Monday launched the 'mutual credit guarantee scheme for micro, small, and medium enterprises ...