Question
The Indian government aims to extend how much additional
credit via guarantees to micro and small enterprises under the CGTMSE scheme over the next two years?Solution
The Indian government plans to extend an additional ₹5 lakh crore in credit guarantees to micro and small enterprises over the next two years through the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). This move aims to support the formalization and growth of MSMEs.
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