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Friday, May 3, 2024

credit guarantee scheme

MSMEs in India: Paving the Way Through Credit Challenges

Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in the economic growth and employment generation in India. They contribute significantly to the country's GDP and provide employment opportunities to millions.  However, despite their vital role, MSMEs often face...

Loan & Financing Schemes Introduced by Govt. of India to Facilitate Financing for MSME’s

MSMEs are growing and contributing to the immense growth in respect to the financials of our country and to grow further and establish their sound footing MSME’s require funding and financial assistance. The Government of India has taken many steps...

Nirmala Sitharaman announces relief package of Rs 6,28,993 crore to support Indian economy in fight against COVID-19 pandemic

Rs 1.1 lakh crore loan guarantee scheme for COVID affected sectors • Additional Rs 1.5 lakh crore for Emergency Credit Line Guarantee Scheme • Credit Guarantee Scheme to facilitate loans to 25 lakh persons through Micro Finance Institutions (MFIs) • Financial support...
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CRISIL SME Tracker: Brighter Days Ahead for Chemical MSMEs

The domestic chemicals industry in India is seeing a positive shift as demand revives and inventories stabilize, according to...
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