Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) provides credit guarantee to its Member Lending Institutions (MLIs) for the loans extended by them to Micro and Small Enterprises (MSEs) without any collateral security or third party guarantee. From inception in 2000 till February 28, 2023, 69,04,649 number of guarantees amounting to Rs. 4,06,310 crore have been approved under Credit Guarantee Scheme for Micro and Small Enterprises. The State wise details of the number and amount of guarantees approved under Credit Guarantee Scheme for Micro and Small Enterprises since inception in 2000 till February 28, 2023 are at Annexure-I.
As on February 28, 2023, out of the total number and amount of guarantees approved under Credit Guarantee Scheme for Micro and Small Enterprises, 21 percent by number and 14 percent by amount is constituted by women owned MSEs.
As on February 28, 2023, out of the total number and amount of guarantees approved under Credit Guarantee Scheme for Micro and Small Enterprises, 6 percent by number and 3 percent by amount is constituted by SC/ST owned MSEs.
The Press Release along with the annexure can be accessed at: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1911138
