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Wednesday, November 6, 2024

Credit Guarantee Scheme (CGS)

Credit Guarantee Scheme for Subordinate Debt extended upto 31.03.2023

The government announced creation of ‘Distressed Assets Fund- - Subordinate Debt for Stressed MSMEs’ on 13th May 2020, under the Aatma Nirbhar Bharat Package. Accordingly, a scheme viz Credit Guarantee Scheme for Subordinate Debt’ was approved by the Government on...

Government includes Retail and Wholesale Trade as MSMES

From 2nd July, 2021, the Government has included Retail and Wholesale Trades as MSMEs. The Government, vide notification no. S.O. 2119(E) dated 26.06.2020, had notified composite criteria of classification of MSMEs based on investment in plant and machinery or equipment and...
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GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
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