Global Trade Alert
Global Trade Alert

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

Announcement

30 Mar 2023

The Indian government has announced additional funding for providing guarantees on loans taken by micro and small enterprises.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Apr 2023

Revocation date:

No revocation date

Updated: 30 Mar 2023
Loan guarantee In force

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 & Smal...

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