The Government of India has expanded a series of financial support measures aimed at improving access to credit for Micro, Small and Medium Enterprises (MSMEs), Minister of State for MSMEs Shobha Karandlaje informed the Lok Sabha on Friday.

According to the MSME Ministry, multiple schemes have been strengthened to enhance the flow of credit and provide easier financing options for small businesses, artisans, and traditional craftsmen across the country.

One of the major steps includes increasing the guarantee ceiling under the Credit Guarantee Trust Fund for Micro and Small Enterprises (CGTMSE) from ₹5 crore to ₹10 crore. The CGTMSE, set up jointly by the MSME Ministry and SIDBI in 2000, enables micro and small businesses to secure collateral-free loans through participating lending inst

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