Credit Guarantee Scheme for MSMEs
The Government of India has introduced the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), aiming to ease credit constraints and propel growth in the manufacturing sector. About: The Micro, Small, and Medium Enterprise (MSME) sector forms the backbone of the Indian economy, contributing significantly to employment, innovation, and economic growth. Within the MSME landscape, the manufacturing sector plays a crucial role, […]
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