Question
Under the major revamps been done under CGTMSE Scheme by
the Ministry of MSME,Ā·ceiling for guarantee is raisedĀ from ā¹2 crore to ____and enhances the threshold limit for claim settlement without initiation of legal action to ā¹10 lakh.Solution
The Ministry of MSMEĀ has launched the revamped CGTMSE Scheme. CGTMSE has been provided with an additional corpus support of ā¹9,000 crore in the Union Budget for FY 2023-24 to revamp its Scheme to provide a guarantee for an additional ā¹2 lakh crore to Micro & Small Enterprises. Ā Accordingly, the major revamp measures were launched and disseminated to the lending institutions. The modifications included a reduction in guarantee fees for loans upto ā¹1 crore by 50% bringing the minimum guarantee fee to the level of 0.37% pa only. Ā Ā Ā Another major change announced was raising of ceiling for guarantee from ā¹2 crore to ā¹ 5 crore and enhancing the threshold limit for claim settlement without initiation of legal action to ā¹10 lakh.
āNalanada - Until we meet againā, a book written by which of the following authors?
When is ISROās PSLV-C61 / EOS-09 satellite launch scheduled?
The United Kingdom has marked the ____ anniversary of Queen Elizabeth II’s rule, the queen looked to the future of the monarchy.
In FY24, what was the value of GST evasion detected in the online gaming sector?
In December 2021, Prime Minister Narendra Modi has been conferred with the highest civilian award of __________, Ngadag Pel gi Khorlo, on the occasion o...
What is the purpose of the successful maiden test trial of āADC-150ā conducted by DRDO and Indian Navy from IL 38SD aircraft off the coast of Goa on...
What is the purpose of the new Rangeen Machhli app launched by the Indian government?
Which of the following is correct about RBI's Unified Lending Interface (ULI)?
Prime Minister Narendra Modi inaugurated the Saryu Nahar National Project in Balrampur, ___________.
Which northeastern capital became the fourth to get a railway connection in 2025?
Relevant for Exams:
