Expansion of the Credit Guarantee Scheme for Startups
On 9th May 2025, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, notified the expansion of the Credit Guarantee Scheme for Startups (CGSS) to enhance capital access and boost innovation-driven entrepreneurship.
Key Features of the Expanded CGSS
- Increased Guarantee Cover Limit: Maximum guarantee per borrower raised from Rs. 10 crore to Rs. 20 crore.
- Higher Guarantee Coverage Rates:
- Loans up to Rs.10 crore: 85% guarantee coverage (previously lower).
- Loans above Rs.10 crore: 75% guarantee coverage.
- Reduced Annual Guarantee Fee (AGF): For startups in 27 Champion Sectors under ‘Make in India’, AGF reduced from 2% to ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 ‘RELIEF’ Scheme: Supporting Exporters amid West Asia Logistics Disruptions
- 2 BHAVYA Scheme: Catalysing Next-Generation Industrial Infrastructure in India
- 3 Government Revises Mutual Credit Guarantee Scheme
- 4 Cabinet Approves Modified UDAN to Deepen Regional Connectivity
- 5 Cabinet Approves Small Hydro Power Development Scheme
- 6 National Seminar on Organic and Natural Farming 2026
- 7 Government Extends ALMM Framework to Solar Ingots and Wafers
- 8 Credit Guarantee Scheme for Microfinance Institutions-2.0
- 9 Second Advance Estimates of Agricultural Production 2025–26
- 10 Strategic Petroleum Reserves
