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Assam government has launched the Assam Credit Guarantee Scheme (Assam CGS, or ACGS) this year to enable small businesses in the state to access formal credit without collateral. The state government has partnered with Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), jointly set up by the MSME Ministry and Small Industries Development Bank of India (SIDBI), to increase the flow of institutional credit to micro and small enterprises (MSEs) in the state.
Dishonour of cheque for insufficiency of funds etc. in the account related to:
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