New Delhi, Jan 27 (IANS) With women entrepreneurs in focus, Delhi Chief Minister Rekha Gupta on Tuesday led the signing of an MoU with a Central lending agency to provide city investors loans of up to Rs 10 crore without furnishing any collateral guarantee, an official said.Seen as a step towards strengthening small and micro enterprises in the national capital, the Memorandum of Understanding (MoU) was signed between the Government of Delhi and the Central government’s Credit Guarantee Fund T…
Latest Credit Guarantee Fund Trust for Micro and Small Enterprises News & Updates
New Delhi, Jan 3 (IANS) The industry has hailed two key interventions under the ‘Niryat Protsahan’ sub-scheme to strengthen MSME exports by providing affordable and easier access to trade finance, saying this will lower the cost of exporting, expand access to finance, diversify export markets and strengthen India’s export brand.The Federation of Indian Export Organisations (FIEO) welcomed the launch of two critical interventions, aimed at strengthening MSME exports and significantly improving …
New Delhi, Jan 2 (IANS) As part of the initial rollout of the Export Promotion Mission, two key interventions under the Niryat Protsahan sub-scheme have been launched to strengthen MSME exports by providing affordable and easier access to trade finance, the Commerce Ministry said on Friday.The first intervention relates to interest subvention for pre- and post-shipment export credit, aimed at reducing the cost of export credit and easing working-capital constraints faced by MSME exporters, a Com…