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  1. Dec 16, 2021 · I. INTRODUCTION. Lending Institutions to the borrowers in M. cr. and Small Enterprises (MSEs). 1. Title and date of commencement. earlier known as Credit Guarantee Fund Scheme for Small Industries (CGFSI)]. Subsequent to the enactment of MSMED Act-2006, the Trust was renamed as Credit Guarantee Fund Trust for Micro and Small Enterprise.

  2. The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE) was launched by the Government of India to make available collateral-free credit to the micro and small enterprise sector. Both the existing and the new enterprises are eligible to be covered under the scheme.

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  3. Jan 5, 2024 · (i) The Scheme shall be known as the Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGS-I) [earlier known as Credit Guarantee Fund Scheme for Small Industries (CGFSI)].

  4. The Credit Guarantee Scheme for Startups (CGSS) is aimed at providing credit guarantee up to a specified limit against loans extended by Member Institutions (MIs) to finance eligible borrowers viz. Startups as defined in the Gazette Notification issued by the Department for Promotion of Industry and Internal Trade (DPIIT) and amended from time ...

  5. Aug 29, 2024 · i) The Scheme known as the “Credit Guarantee Fund Scheme for NBFCs (CGS-II)” was launched w.e.f. January 25, 2017. Subsequently, the same has been modified and shall cover eligible credit facility sanctioned by the NBFCs to eligible borrowers under MSE sector with effect from April 01, 2018.

  6. Credit Guarantee Fund Scheme for Micro and Small Enterprises Introduction. Introduction. adequate credit at reasonable interest rate is one of the most important. One of the major causes for low availability of bank finance to this sector is the high risk perception of the banks in lending to MSEs and consequent insist.

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  8. The Credit Guarantee Scheme (CGS) is a popular program for guaranteeing bank lending to MSMEs by the government. The objective of this research is to evaluate and compare the performance of the CGS in rural and urban areas of Indonesia. The data used in this research are from the Indonesian Family Life Survey (IFLS) 2007 and 2014.