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NewsMutual Credit Guarantee Scheme

Mutual Credit Guarantee Scheme News

FM Nirmala Sitharaman

17 Feb 2025

FM Sitharaman Launches Mutual Credit Guarantee Scheme For MSMEs- Details Here

Mutual Credit Guarantee Scheme For MSMEs: The Finance Minister also distributed sanction letters to MSMEs qualifying for the scheme. This initiative aims to improve access to credit and significantly boost India's manufacturing sector.

Mutual Credit Guarantee Scheme

30 Jan 2025

Govt Approves Mutual Credit Guarantee Scheme MSME Manufacturing Sector

The Scheme will be applicable to all loans sanctioned under MCGS-MSME during the period of 4 years from the date of issue of operational guidelines of the scheme or till cumulative guarantee of Rs. 7 lakh crore are issued, whichever is earlier.

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