Global Trade Alert
Global Trade Alert

India: Introduction of Mutual Credit Guarantee Scheme for MSMEs

Announcement

27 Jan 2025

In January 2025, the Indian government announced the introduction of the Mutual Credit Guarantee Scheme for MSMEs, providing 60% guarantee coverage for credit facilities. 

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Jan 2025

Revocation date:

26 Jan 2029

Updated: 27 Jan 2025
Lending support In force

On 27 January 2025, the Government of India introduced the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME). This initiative provides a 60% guarantee coverage by the National Credit Guarantee T...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.