Breaking News: Finance Minister Unveils Game-Changing Mutual Credit Guarantee Scheme for MSMEs
2025-02-19
MSN
In a significant boost to micro, small and medium enterprises, the Central Government has launched the Mutual Credit Guarantee Scheme for MSMEs, a key initiative announced in the Union Budget 2024-25. This scheme aims to promote MSME growth, increase access to credit and foster economic development. With this move, the government seeks to empower MSMEs, driving job creation and entrepreneurship. The Mutual Credit Guarantee Scheme is set to revolutionize the sector, providing a much-needed stimulus to small businesses and startups, and is expected to have a positive impact on the overall economy, including small business loans and business credit
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