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Centre approves scheme to boost MSME manufacturing sector

Summary by IBTimes India

The government has approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) that would facilitate loans up to Rs 100 crore for purchase of plant and machinery/equipment for eligible firms.

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Citizen Journalists Malaysia

SARANA to boost MSME through P2P financing solutions

SARANA, provides MSMEs with P2P financing through platforms like microLEAP, bridging funding gaps for executing government contracts efficiently. The post SARANA to boost MSME through P2P financing solutions first appeared on Citizens Journal.

1 month ago

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indiaseatradenews.com

New credit guarantee scheme for MSMEs to boost investment, manufacturing, exports: Exporters - India Seatrade News

The launch of a new credit guarantee scheme for the MSME sector covering loans up to Rs 100 crore will help attract more investments, promote manufacturing and boost the country’s exports, exporters say. They said that the exporting community’s lack of adequate financing for capital investments has long been a challenge for MSMEs, restricting their ability to scale and compete in global markets. On January 29, the government launched the Mutual …

1 month ago

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cargoinsights.co

Govt Launches Credit Guarantee Scheme To Boost MSME Manufacturing

New scheme offers 60 percent guarantee coverage on loans up to ₹100 crore for MSMEs, promoting investment in machinery and equipment. The government has approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), fulfilling the 2024-25 budget announcement. The initiative aims to strengthen the manufacturing sector by providing financial support for the purchase of plant and machinery. Under the scheme, the National Credit Guarantee Truste…

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dailyexcelsior.com

New credit guarantee scheme for MSMEs to boost investment, manufacturing, exports: Exporters

NEW DELHI, Jan 30: The launch of a new credit guarantee scheme for the MSME sector covering loans up to Rs 100 crore will help attract more investments, promote manufacturing and boost the country’s exports, exporters say. They said that the exporting community’s lack of adequate financing for capital investments has long been a challenge for MSMEs, restricting their ability to scale and compete in global markets. On January 29, the government…

1 month ago

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THIP Media

A great place to work in India, manufacturing has risen to 87%.

Last Updated on January 30, 2025 by Nivedita Mumbai, Jan 30 (IANS) Manufacturing sector employees at the best workplaces in India are 2.7 times more likely to stay in psychologically healthy environments, and the overall view of manufacturing as a great place to work has risen to 87 per cent in 2025, according to a […] The post Manufacturing as a great place to work in India rises to 87 pc: Report appeared first on THIP Media.

Centre approves scheme to boost MSME manufacturing sector

New Delhi, Jan 30 (SocialNews.XYZ) The government has approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) that would facilitate loans up to Rs 100 crore for purchase of plant and machinery/equipment for eligible firms. The scheme would provide 60 per cent guarantee coverage by National Credit Guarantee Trustee Company Limited (NCGTC) to member lending institutions (MLIs) for credit facility upto Rs 100 crore, sanctioned to eligible…

1 month ago

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