Loans upto Rs. 100 crore for purchase of Plant and Machinery / Equipment are eligible for guarantee coverage giving a boost to manufacturing sectorScheme offers 60% guarantee coverage to Member Lending Institutions (MLIs*) for credit facility upto Rs.100 crore sanctioned to eligible MSMEs
New Delhi - GoI has approved introduction of Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) for providing 60% guarantee coverage by National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending . . .
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