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Nov 9, 2024 · "The Rs 100 crore credit guarantee scheme will soon be placed before the cabinet. Immediately after getting approval from cabinet, the scheme that will provide guarantee through MSME ministry and banks will be implemented," the Union Finance Minister said, while attending the National MSME Cluster Outreach Programme here. ...
Nov 10, 2024 · Immediately after getting approval from cabinet, the scheme that will provide guarantee through MSME ministry and banks will be implemented,” the Union Finance Minister said, while attending the ...
Nov 9, 2024 · Finance Minister Nirmala Sitharaman announced a new credit guarantee scheme for MSMEs, offering collateral-free loans up to Rs 100 crore. The scheme aims to address the difficulties faced by MSMEs in obtaining term loans for machinery and expansion. Sitharaman highlighted that banks will implement their own credit assessment models, eliminating the need for third-party guarantees.
Nov 10, 2024 · Nov 10, 2024 06:34 AM IST. The government will soon launch a collateral-free loan scheme for MSMEs to enhance manufacturing, enabling loans up to ₹100 crore without third-party guarantees. The ...
Nov 10, 2024 · Speaking at the National MSME Cluster Outreach Programme in Bengaluru, the FM said that the problems faced by MSMEs would be solved after the latest credit guarantee scheme is launched. This scheme will be introduced in the cabinet soon, reported ANI.
Nov 9, 2024 · Speaking at the National MSME Cluster Outreach Programme in Bengaluru, Sitharaman explained that a new credit guarantee scheme, which will support term loans for MSMEs, is expected to go before the Cabinet "sooner." Varnika Srivastava Updated : Nov 09, 2024, 09:22 PM IST The government is prepared ...
Nov 10, 2024 · 10 Nov 2024, 2:51 am. 1 min read. BENGALURU: The Union Government will provide up to Rs 100 crore collateral-free loans to Micro, Small and Medium Enterprises (MSMEs) under a new special credit ...
Nov 9, 2024 · Speaking at the National MSME Cluster Outreach Programme in Bengaluru, Sitharaman said that the grievances of MSMEs will be solved after the introduction of a new credit guarantee scheme which ...
Nov 9, 2024 · Union Finance Minister Nirmala Sitharaman has revealed that the Rs 100 crore credit guarantee scheme for MSMEs, announced in this year's budget, is set to be presented to the Union Cabinet for approval. Sitharaman highlighted the scheme's importance, noting its potential to provide much-needed financial support to MSMEs during challenging times.
6 days ago · Speaking at the National MSME Cluster Outreach Programme in Bengaluru, she explained that this initiative, part of a new credit guarantee scheme, aims to address long-standing grievances of MSMEs, particularly their difficulty in obtaining term loans and loans for plant and machinery. The new scheme will provide a guarantee for the first Rs 100 crore, enabling MSMEs to access loans without the need for collateral or third-party guarantees. The Minister emphasized that the government’s ...
