Tag: MUDRA Credit Guarantee Fund

MSMEs can expect a number of enabling initiatives in Budget 2016

The significance of Micro, Small & Medium Enterprises (MSMEs) to India’s economic growth and prosperity is well established.  They provide the critical depth to the manufacturing and service sectors, foster entrepreneurship and generate substantial employment.  Close to 45 per cent of the tot…

Government approved Stand Up plan for SC, ST and women entrepreneurs

In a bid to create jobs and promote entrepreneurship, the government had approved Rs 8,000- crore fund that will stand guarantee for loans to new ventures and also announced ‘Stand up India’ scheme for credit facilities to SC, ST and women entrepreneurs at lower rates. While Rs 3,000 …

Government approved Stand Up plan for SC, ST and women entrepreneurs

In a bid to create jobs and promote entrepreneurship, the government had approved Rs 8,000- crore fund that will stand guarantee for loans to new ventures and also announced ‘Stand up India’ scheme for credit facilities to SC, ST and women entrepreneurs at lower rates. While Rs 3,000 …