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Tag: CGTMSE

CGTMSE Strengthens Global Credit Guarantee
National News Apparel and Textile News Government / Policy / Workforce Development Trade Info News

CGTMSE Strengthens Global Credit Guarantee Framework For MSEs

The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) organised the Global Symposium on Credit Guarantees along with the 38th Annual Conference of the Asian Credit Supplementation Institution Confederation (ACSIC) in Mumbai, as part of its Silver Jubilee celebrations. The event highlighted CGTMSE’s pivotal role in expanding access to collateral-free credit for Micro […]

Two Key Interventions Launched To Strengthen MSME Exports Under Export Promotion Mission
Manufacture National News Retail News Trade Info News

Two Key Interventions Launched To Strengthen MSME Exports Under Export Promotion Mission

As part of the initial rollout of the Export Promotion Mission, two key interventions under the NIRYAT PROTSAHAN sub-scheme have been launched to strengthen MSME exports and improve access to trade finance. The first intervention relates to interest subvention for pre- and post-shipment export credit, aimed at reducing the cost of export credit and easing […]

Government Initiatives To Make Doing Business Easier For MSMEs
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Government Initiatives To Make Doing Business Easier For MSMEs

MSMEs (Micro, Small and Medium Enterprises) in India have benefited from a number of steps taken by the Government to promote ease of doing business and create a conducive environment for their growth. Some of these steps are as under: Launch of Rs. 5 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS), for businesses, including […]

Govt Approves Package to Support MSEs
Apparel and Textile News Trade Info News

Govt Approves Package to Support MSEs

The government has approved a package to support Micro and Small Enterprises (MSEs) and increased the Corpus of Credit Guarantee Trust Fund for Micro and Small Enterprises (CGTMSE) from Rs.2,500 crore to 7,500 crore. The decision has been taken with an intension to enhance the quantum of Credit Guarantee to larger number of MSEs. Apart […]