Govt Launches Rs 100 Cr Credit Guarantee Scheme for MSME Manufacturing Boost – Equitypandit
January 30, 2025January 30, 2025 The government launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) to provide 60% guarantee coverage for loans up to Rs 100 crore, aimed at helping MSMEs purchase equipment and machinery. Eligible MSMEs must have valid Udyam Registration, with the loan amount not exceeding…