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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