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MSME Minister Narayan Rane has initiated a transformative scheme tailored for Informal Micro Enterprises (IMEs), aiming to enhance their access to credit facilities and alleviate financial constraints. Launched under the aegis of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMS
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FAQ :
The maximum loan amount available under the new scheme is £20 lakh.
Informal Micro Enterprises (IMEs) registered on the Udyam portal are eligible for this scheme.
The scheme offers an 85% guarantee cover for unsecured loans up to £20 lakh.
The scheme is launched under the aegis of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).
The main objective is to enhance access to credit facilities for informal micro enterprises and alleviate their financial constraints.
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