Guarantee Scheme for Corporate Debt
On 26th July, 2023, the Central Government approved the ‘Guarantee Scheme for Corporate Debt’ (GSCD) for providing a guarantee cover against debt raised or to be raised by the Corporate Debt Market Development Fund (CDMDF).
About Guarantee Scheme for Corporate Debt (GSCD)
Management
- The Trust/Fund managing the scheme is named “Guarantee Fund for Corporate Debt” (GFCD).
- GFCD is a Trust Fund formed by the Department of Economic Affairs (DEA), Ministry of Finance, Government of India, and will be managed by the National Credit Guarantee Trustee Company Ltd. (NCGTC).
Purpose
- The scheme aims to provide 100% guarantee cover ....
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
