While the loan coverage is capped at INR 100 crore, the total project cost can exceed this amount, provided at least 75 per ...

The programme aims to onboard 5 lakh MSMEs onto the Open Network for Digital Commerce (ONDC), fostering greater inclusivity ...

Coordinating Minister for Economic Affairs, Airlangga Hartarto, has emphasized the government's commitment to supporting the ...

The government has approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) that would facilitate loans up to Rs 100 ...

The scheme also provides a repayment period of up to eight years, with a two-year moratorium for loans up to Rs 50 crore. To ...

Budget 2025 will have measures to address MSMEs pain points and banks must shun hesitation to lend to MSMEs, said Jitan Ram ...

The Centre has approved the introduction of the Mutual Credit Guarantee Scheme for MSMEs (MCGS—MSME), which provides 60 per ...

The introduction of Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) aims at providing 60% guarantee coverage by ...

To enhance manufacturing, the government introduces a Mutual Credit Guarantee Scheme for MSMEs, providing 60% guarantee ...

The National Bank for Agriculture and Rural Development (NABARD) has assessed a credit potential of Rs 3.14 lakh crore, reflecting an increase of 37.64 per cent over the previous year under priority ...

As the Union Budget 2025 approaches, key themes such as tax simplification, easing tax payments, and boosting middle-class income are expected to take centre stage. Sources indicate that the ...

As Finance Minister Nirmala Sitharaman prepares to present her eighth Budget on February 1, 2025, expectations are running high across industries and taxpayers. With India focusing on economic growth, ...