Question
The government enhanced the credit guarantee coverage to
what percentage for women-owned MSMEs under the CGTMSE scheme?Solution
Women-owned micro and small enterprises will get enhanced credit guarantee coverage of 90 per cent under the CGTMSE scheme, after its board approved the new guidelines. The decision is expected to benefit 2.7 mn women-led MSMEs. Prior to the approval of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Board, women-owned units were entitled to getting 85 per cent credit guarantee coverage. The move is expected to generate income and employment for over 211,000 people, with enhanced rural and urban entrepreneurship.
Which movie won the Critics Choice Awards 2023 for Best Foreign Language Film?
The Ministry of Culture recently organized an inter-ministerial stakeholder consultation and capacity-building workshop for the upcoming Yuge Yugeen Bha...
Which AI-powered tool was developed by IIIT-Delhi to identify anti-ageing molecules?
Which Indian American has been named as the Deputy CEO of the US Finance Agency?
What is the total value of the contract signed by the Ministry of Defence for Night Sight systems for 7.62 x 51mm Assault Rifles?
Which Indian players won the men’s doubles title at the 2nd Asian Doubles Squash Championships?
What penalty mechanism is included in the ANPR-FASTag hybrid tolling system for non-payment?
Which of the following companies have collaborated to introduce an offline Central Bank Digital Currency payment application on feature phones?
Ahmed Awad bin Mubarak has been elected as the new Prime Minister of which country?
What is the expected rainfall for the 2025 monsoon season according to the IMD forecast?
Relevant for Exams:
