The Union government would soon launch a new credit guarantee scheme for the MSME sector covering loans up to ₹100 crore, financial services secretary M Nagaraju said on Thursday. "We are likely to come up with a scheme, which was announced by Finance Minister in her last Budget session, that could provide loans up to ₹100 crore without guarantee, if they are already having the enterprise".
The Union government would soon launch a new credit guarantee scheme for the MSME sector covering loans up to ₹100 crore, financial services secretary M Nagaraju said on Thursday. "We are likely to come up with a scheme, which was announced by Finance Minister in her last Budget session, that could provide loans up to ₹100 crore without guarantee, if they are already having the enterprise".