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.
- While launching the revamp of CGTMSE, it was announced that CGTMSE will collaborate with National Institute for MSME, Hyderabad for setting up a Centre of Financial Inclusion.
Changes Made
- The revamped version of the CGTMSE Scheme has been provided with an additional corpus support of Rs.9,000 crore in the Union Budget for FY 2023-24 to provide a guarantee for an additional Rs.2 lakh crore to Micro & Small Enterprises(MSEs).
- Reduction in guaranteed fees for loans up ....
Do You Want to Read More?
Subscribe Now
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 before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Samarth Incubation Program
- 2 Centre Notifies Revised Criteria for Classifying MSMEs
- 3 PAC Flags Issues Faced by MSMEs under GST
- 4 Electronics Component Manufacturing Scheme
- 5 Energy Statistics India 2025
- 6 10 Years of Sagarmala Programme: Powering India’s Maritime Revolution
- 7 Changing Dynamics of India’s Remittances
- 8 Components of Gold Monetisation Scheme Discontinued
- 9 ICRA Report on Indian Municipal Bond Market
- 10 Pashu Aushadhi Initiative

- 1 Farmer Distress Index
- 2 GI Tag for Agricultural Produce
- 3 SATHI Portal
- 4 Protection of Plant Varieties and Farmers’ Rights Authority
- 5 Dabba Trading
- 6 India's First REITs and InvITs Index
- 7 ASBA Facility for Secondary Market Trading
- 8 RBI Framework for Green Deposits
- 9 Cost Inflation Index
- 10 UDAN 5.0
- 11 Draft Sagarmala Innovation and Start-up Policy