Credit Guarantee Scheme News - Latest Updates & Headlines
Piyush Goyal reviews Invest India operations to boost investment, MSMEs, and manufacturing
New Delhi, May 14: Union Commerce and Industry Minister Piyush Goyal held a comprehensive review meeting and assessed the performance of union government's Invest India, the country's national investment promotion agency.In a post on social media platform X, Union Minister stated that the focus was on enhancing the organisation's effectiveness and efficiency to attract greater investments. In addition, the Key discussions included strategies for strengthening investor engagement, empowering MSMEs, and accelerating growth in the manufacturing sector.
Govt notifies expansion of Credit Guarantee Scheme for Startups
New Delhi, May 9: The Centre's Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has notified the expansion of the Credit Guarantee Scheme for Startups (CGSS) which increases the ceiling on guarantee cover per borrower from Rs 10 crore to Rs 20 crore.