CGTMSE Surpasses Rs 5 Lakh Crore Milestone in Guarantees for Micro and Small Enterprises

The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) provides guarantee for the credit extended by Member Lending Institutions (MLIs) to Micro and Small Enterprises (MSEs), without collateral and third-party guarantee. Since inception in 2000 till November 30, 2023, CGTMSE has approved and extended guarantees to 79,53,694 Micro and Small Enterprises amounting to Rs 5,33,587 crore under the Credit Guarantee Scheme for Micro and Small Enterprises.

The Press release along with the annexure can be accessed at: https://pib.gov.in/PressReleasePage.aspx?PRID=1986183

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