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Global Trade Alert

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India: Additional funding announced for providing credit guarantee to micro and small enterprises

Description

On 30 March 2023, the Ministry of Micro, Small & Medium Enterprises announced that funding of INR 8'000 crore (USD 976 million) has been provided to the Credit Guarantee Fund Trust for Micro &...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Apr 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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