Scheme For MSMEs: The Center Will Launch A Rs 9,000 Crore Credit Guarantee Scheme For Msmes


The central government will launch a Rs 9,000 crore credit guarantee scheme for small and medium enterprises (Scheme for MSMEs). Said Nirmala Sitharaman (Nirmala Sitharaman Latest News).

New Delhi, February 1: A revised Credit Guarantee Scheme for MSMEs (Scheme for MSMEs) will be launched. Union Finance Minister Nirmala Sitharaman announced during the presentation of the Union Budget 2023 in Parliament on Wednesday (Nirmala Sitharaman Latest News). He said, this project will be launched from April 1 It will cost Rs 9,000 crore Apart from this, ‘Dekho Apna Desh’ will be launched for domestic tourism

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Dekho Apna Desh: While presenting the 2023-24 budget, Nirmala Sitharaman said on Wednesday that the central government will launch the ‘Dekho Apna Desh’ initiative to promote domestic tourism.

National Financial Information Registry: The government will set up National Financial Information Registry to facilitate credit delivery and enhance financial stability. Sitharaman also said that financial sector regulators will be asked to conduct a comprehensive review of existing regulations.

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IT portal to be launched: An integrated IT portal will be launched to recover unclaimed shares and dividends, said Nirmala Sitharaman. He said the government will also set up a single window system for registration and approval at IFSC Gift City. A central processing center will also be set up for quick response to companies filing forms under the Companies Act, he said.

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Mahila Samman Saving Certificate: In addition to this, Nirmala Sitharaman said that a one-time new small savings scheme Mahila Samman Saving Certificate will be made available for two years till 2025. 2 lakh can be kept for 2 years. The interest rate will be 7.5 percent. This money can be kept till March 31, 2025.

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