Government launches another funding scheme to help the distressed MSME sector

News: Union Minister of Micro, Small and Medium Enterprises(MSMEs) has launched Credit Guarantee Scheme for Subordinated Debt(CGSSD) which is also called “Distressed Assets Fund–Sub-ordinate Debt for MSMEs”. Facts: Aim: To extend support to the promoters of the operational MSMEs which are stressed and have become NPA as on 30th April, 2020. Guarantee: It provides a… Continue reading Government launches another funding scheme to help the distressed MSME sector