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Friday, May 10, 2024

NPA accounts

Policies for MSMEs initiated by Government

Expansion and Increase in Capacity of MSMEs The Government of India has announced Fund of Funds with the nomenclature Self Reliant India (SRI) Fund to infuse  Rs. 50,000 crore as equity funding in those MSMEs which have the potential and...

Credit Guarantee Scheme for Subordinate Debt (CGSSD) extended upto 30.09.2021

Government of India announced creation of ‘Distressed Assets Fund- - Subordinate Debt for Stressed MSMEs’ on 13th May, 2020, under the AatmaNirbhar Bharat Package. Accordingly, a scheme viz. ‘Credit Guarantee Scheme for Subordinate Debt’ was approved by the Government on 1st June,...
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Electronics Component Manufacturing: Govt’s New PLI Scheme to Reduce Foreign Reliance

The Indian government is taking significant steps towards establishing a self-reliant electronics industry with its new production-linked incentive (PLI)...
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