top of page


Key Takeaways of New MSME Definition introduced in Atmanirbhar Bharat Abhiyan‘ or Self-reliant India Scheme 2020 by Government of India.

  • Collateral Free Loans to MSMEs

  • MSME Loans worth of Rs. 3 lakh crore

  • Moratorium period offered is 12 months

  • Manufacturing and Service MSMEs shall be considered as same entities

  • Repayment Tenure of 48 months

  • 100% Credit Guarantee

  • To benefit approx. 45 lakh units

  • For loans up to Rs. 3 lakh, releif of 2% in interest rate

  • Rs. 20,000 crore loan option for MSMEs

  • Loans of amount Rs. 10,000 offered to pedestrian business owners

  • 50 lakh shopkeepers to benefit, running pedestrian shops

CGTMSE (Credit Guarantee Funds Trust for Micro and Small Enterprises)

CGTMSE (Credit Guarantee Funds Trust for Micro and Small Enterprises) was introduced to establish a strong credit relief system and promote a better credit flow for the MSME sector. Under the CGTMSE scheme, the loan is backed without any external collateral or third party guarantee.

Here, the MSME loan sanctioned by the Member Lending Institution (MLI) is backed by the scheme which provides the guarantee cover for a large portion of the loan amount. Under CGTMSE scheme, both new and existing medium, small, and micro enterprises, including service enterprises are eligible for a maximum credit cap of Rs. 2 crore.

CGTMSE also offers rehabilitation assistance to the units. Any MSME unit that is in a bad condition due to the factors beyond the control of management is supported by the CGTMSE rehabilitation assistance. The maximum credit cap of Rs. 1 crore is offered to the dilapidated MSME units.

21 views0 comments

Recent Posts

See All

Uttar Pradesh Pollution Control Board (UPPCB)

Uttar Pradesh Pollution Control Board (UPPCB) Uttar Pradesh Pollution Control Board is a legal organization which was formed to implement environmental laws and rules within the administration of the

Ayush Licence

Manufacturers who are involved in producing Ayurvedic or Herbal products in India need to acquire AYUSH License controlled by the Ministry of AYUSH. The Ministry of AYUSH was framed on 9th November 20

Fire NOC

Fire Department NOC is issued by the particular state’s fire services after verifying and checking the entire building resistance against fire, i.e., the building is fire-proof and can observe fire-re


bottom of page