Credit Guarantee Trust Fund for Micro and Small Enterprises (CGTMSE)
What is CGTMSE? CGTMSE is a fund which provides guarantee for loans given to MSEs i.e. in case borrowers fails to give back loans, bank will get their money from this fund. It is Central Government program to promote MSMEs. Why in news? Government has increased corpus of fund from Rs 2500 crore to …
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