Mumbai
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Scheme, jointly initiated by the Ministry of Micro, Small & Medium Enterprises (MSME), Government of India, and the Small Industries Development Bank of India (SIDBI), aims to facilitate institutional credit flow to Micro and Small Enterprises (MSEs). The Credit Guarantee Scheme (CGS), eliminates the need for collateral or third-party guarantees, making it easier for first-generation entrepreneurs to access bank credit and establish MSEs. While the scheme doesn't specify an average funding amount, it operates by providing guarantees for credit facilities offered by elig (Show more)
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