Govt Modifies MCGS-MSME to Boost Credit for Manufacturing, Exports
The Government of India has announced modifications to the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), expanding credit coverage and easing compliance to support manufacturing and exports. Loans up to ₹100 crore for plant and machinery purchases will now be eligible, with special provisions for exporters. Key Highlights of the Modifications Comparative Analysis of MSME…