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Govt Launches Mutual Credit Guarantee Scheme for MSMEs with 60% Coverage on Loans Up to Rs 100 Crore
Update / Judgement Date
20 Mar 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
BankingFinancial ManagementMSME & Udhyam
The government has launched a mutual credit guarantee scheme for MSMEs, providing 60 percent coverage on loans up to ₹100 crore. This initiative aims to enhance credit access for small businesses. The scheme reflects the government's commitment to supporting MSME growth. This move will boost financial inclusion and stimulate economic activity. The credit guarantee will mitigate risks for lenders.
