For the best experience use inshorts app on your smartphone
Centre approves scheme to boost MSME manufacturing sector
The central government has approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) that would facilitate loans up to ₹100 crore for purchase of plant and machinery/equipment for eligible firms. NCGTC to offer 60% guarantee on loans up to ₹100 crore for MSME equipment purchases.
read more at Investment Guru India