Revamped CGTMSE Scheme
On 27th April, 2023, Ministry of Micro, Small & Medium Enterprises (MSMEs) launched the revamped Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Scheme.
- CGTMSE Scheme was launched in 2000 to make available collateral-free credit to the micro and small enterprise sector.
- Both the existing and the new enterprises are eligible to be covered under the scheme.
- Funding: The corpus of CGTMSE is contributed by the GoI and SIDBI in the ratio of 4:1 respectively.
- Eligibility Criteria: Any existing or new Micro and Small Enterprises that are engaged in service activities or manufacturing activities are eligible for the Trust.
- Exemption: The only exemption ....
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Current Affairs
- 1 Rights of Non-Tribals in Scheduled Areas
- 2 Judicial Recusal
- 3 Data Governance Quality Index (DGQI)
- 4 Article 355
- 5 Governor's Power to Dismiss the Ministers
- 6 Commission of Railway Safety
- 7 Right to Change Name
- 8 Prevention of Damage to Public Property
- 9 Jan Vishwas (Amendment of Provisions) Act 2023
- 10 Rule 176 vs. Rule 267 of Rajya Sabha
