Launched in April 2015 by the Department of Financial Services, Pradhan Mantri Mudra Yojana (PMMY) continues to democratise credit access by providing collateral-free loans up to ₹20 lakh through scheduled commercial banks, NBFCs and microfinance institutions to individuals launching...
Budget 2026 has announced a nationwide collateral-free term-loan programme for first-time entrepreneurs and expanded invoice-discounting access for micro enterprises through the Trade Receivables Discounting System (TReDS), in a combined push to widen early-stage and working-capital finance for new and...
Budget 2026 has expanded credit and equity support for small and mid-sized manufacturers through a combined package of enhanced credit guarantees and dedicated growth capital, aimed at accelerating capacity expansion and technology upgrades across the MSME sector. The Budget...
India’s micro, small, and medium enterprises (MSMEs) have received an estimated ₹8 trillion in credit over the past three years, marking a period of unprecedented financial inclusion for the sector. According to FICCI-CMSME President Girish Luthra, this growth reflects...
The Indian government is preparing to roll out a new credit guarantee scheme specifically aimed at export-oriented micro, small, and medium enterprises (MSMEs). Scheduled for launch by September, the scheme will enable eligible businesses to access collateral-free term loans...
Santosh Gangwar delivers Ministerial Address on Declaration and EWG Priorities at G20 Labour and Employment Ministers’ Meeting
Union Minister for Labour and Employment Shri Santosh Gangwar has said that India is making collective efforts to reduce gender gaps in labour...
