Union Minister visits Agra; Reviews Carpet, Handicrafts, and Footwear and Sectors (See 'Corp Brief') Consumer Service Ratings of DISCOMS for FY 2024-25 released (See 'Corp Brief') India, Bhutan strengthen Postal Cooperation (See 'Corp Brief') Proposed National Youth Policy 2026 to align India's Youth Power with Viksit Bharat 2047 (See 'Corp Brief') Naik chairs GoM constituted for addressing issues related to electricity distribution (See 'Corp Brief') Chouhan does comprehensive review of agriculture sector (See 'Corp Brief') India, Malawi discuss Cooperation in Power and Energy Sector (See 'Corp Brief') MoRTH Secy urges Volunteers to focus on Prevention of Road Accidents and Save Lives (See 'Corp Brief') Capital Market - SEBI's regulations are framed to protect rights of stakeholders in securities market, and violation of its regulations being matter of public law, can't be condoned by private resolution of shareholders: SC (See 'Legal Desk') India achieves Historic Milestone of 200 Mineral Block Auctions in FY 2025-26 (See 'Corp Brief') Coal playing Important Role in Energy Security of Country (See 'Corp Brief') Misc - Bank cannot unilaterally act contrary to clear instructions of customer, and any concerns regarding regulatory compliance or underlying agreements do not justify remitting funds to unauthorized party: SC (See 'Legal Desk') WII conducts 10th Wildlife Conservation Course for Enthusiasts (See 'Corp Brief') Misc - Granting extension of time for repayment under OTS would amount to re-writing terms of contract between parties, which is not permissible for court exercising jurisdiction under Article 226: HC (See 'Legal Desk') Maharashtra signed Reform-Linked MoU under Jal Jeevan Mission 2.0 (See 'Corp Brief') A&C - Party that has availed substantive, adjudicatory remedy before statutory authority like HARERA is not barred from seeking interim, protective relief u/s 9 of Arbitration and Conciliation Act: HC (See 'Legal Desk') CCI okays acquisition in Baby Memorial Hospital by Bentley Asia (See 'Corp Brief') Bharat Electricity Summit 2026 - Uniting Policymakers and Industry Leaders at one platform (See 'Corp Brief') MSMEs positioned at Centre of Cluster Development to enhance Export Participation (See 'Corp Brief') Scindia says, Future of 6G must be built on common standards, innovation, and inclusive growth (See 'Corp Brief') National Exhibition-cum-Technical Event showcases S&T for Sustainable Livelihoods (See 'Corp Brief') IBC - Non-compliance with specific directive from Adjudicating Authority to file valid AFA within stipulated timeframe aggravates contravention: IBBI (See 'Legal Desk') NIPER Raebareli signs MoU with Roche Pharma India to strengthen Research (See 'Corp Brief') Sonowal interacts with Crew; calls Seafarers 'unsung heroes of Global Trade' (See 'Corp Brief') ITDC, Ministry of Tribal Affairs inaugurate Capacity Building Program for Tribal Homestay Owners (See 'Corp Brief') Food Processing Industry Must Align with Nutrition Security Goals (See 'Corp Brief') Trade Marks - Quasi-judicial authorities exercising statutory powers under the Trade Marks Act must pass a reasoned & speaking order after considering evidences & submissions placed; failure to do so amounts to abdication of these functions: HC (See 'Legal Desk') Raksha Mantri to inaugurate Conclave on 'Advanced Manufacturing Technologies' (See 'Corp Brief') Govt strengthens Institutional Credit Framework for Agriculture and Allied Sectors (See 'Corp Brief') Centre encouraging cash crops in place of tobacco: Chouhan (See 'Corp Brief') Over 1 Lakh Startups have at least One-Woman Director: Govt (See 'Corp Brief') PMLA - Allegations of mala fide cannot be accepted without specific evidence against ED officials; search authorization & consequent actions are distinct from scheduled offences u/s 3 of PMLA: HC (See 'Legal Desk') MoSPI has initiated measures to strengthen accountability in data collection (See 'Corp Brief') Govt expands Youth Skill Development through NSS, Skill India Mission and NEP Initiatives (See 'Corp Brief') Govt boosts Renewable Energy Awareness Nationwide (See 'Corp Brief') Misc - Doctrine of lis pendens u/s 52 of TOPA is not applicable to transfer of property that occurs before institution of suit concerning that property, especially when transferor is not party to subsequent suit: HC (See 'Legal Desk') CCI organises 11th Edition of National Conference on Economics of Competition Law (See 'Corp Brief') India submits Report on Implementation of Nagoya Protocol for Biodiversity (See 'Corp Brief') MSME Champion Scheme progressing well towards achieving its objectives (See 'Corp Brief') A&C - Law provides award creditor with additional option to file for execution directly in court where assets are located, but this does not extinguish jurisdiction of Seat Court: HC (See 'Legal Desk') IICA convenes 5th Inter-Ministerial Consultation on Responsible Business Conduct and ESG (See 'Corp Brief') BCCL Organizes Interaction with NRS Linkage and CIL SWMA e-Auction Consumers (See 'Corp Brief') Madnaviya & Kumaraswamy lay foundation of indoor sports complex in Karnataka (See 'Corp Brief') A&C - Juridical seat of arbitration is determinative factor for conferring exclusive supervisory jurisdiction on court: HC (See 'Legal Desk') India's progress in reducing Tuberculosis Incidence has Outpaced Global Average: Nadda (See 'Corp Brief') Rs 100 crore sanctioned for Integrated Aqua Park Project in Anantnag (See 'Corp Brief') Reddy inaugurates Multiple Projects in WCL (See 'Corp Brief') PMLA - If mortgaged properties are to be auctioned by bank or settled with borrower which may result in concealment, it would be only of those properties which was considered to be assets disproportionate to known source: SAFEMA (See 'Legal Desk') Supreme Court Clears Path For Single Insolvency Proceedings Against Linked Group Companies (See CORP EINSICHT)

Print

Guarantees amounting to Rs. 4,06,310 crore approved under Credit Guarantee Scheme for MSMEs

Published: Mar 27, 2023

By TIOLCorplaws News Service

NEW DELHI, MAR 27, 2023: 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 28th February 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 28 February 2023 are at Annexure-I.

As on 28th February 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 28th February 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.

Annexure

Annexure is referred to part (a)&(b) of unstarred Question no. 2999 due for reply on 27.03.2023

No. and Amount of Guarantees approved under CGTMSE
  Amt. (Rs. Cr)
Sr. No. States / UTs

Cumulative since inception in 2000 till 28.02.2023

 

Andaman & Nicobar

4,263

298

 

Andhra Pradesh

6,22,026

11,454

 

Arunachal Pradesh

9,887

679

 

Assam

1,72,998

8,944

 

Bihar

2,73,702

14,639

 

Chandigarh

20,490

1,422

 

Chhattisgarh

98,997

6,103

 

Dadra & Nagar Haveli and Daman & Diu

3,237

598

 

Delhi

1,25,036

16,050

 

Goa

28,800

2,014

 

Gujarat

3,08,976

30,942

 

Haryana

1,39,652

13,593

 

Himachal Pradesh

93,937

5,778

 

Jammu & Kashmir

2,07,810

6,079

 

Jharkhand

1,90,553

13,874

 

Karnataka

5,01,340

34,837

 

Kerala

3,93,331

12,747

 

Ladakh

765

78

 

Lakshadweep

541

16

 

Madhya Pradesh

3,54,756

19,071

 

Maharashtra

5,52,096

48,262

 

Manipur

13,898

644

 

Meghalaya

13,746

813

 

Mizoram

7,205

400

 

Nagaland

14,306

732

 

Odisha

2,70,362

14,133

 

Puducherry

11,025

538

 

Punjab

1,87,164

11,507

 

Rajasthan

2,90,144

16,559

 

Sikkim

4,452

248

 

Tamilnadu

5,93,863

32,758

 

Telangana

1,91,659

13,132

 

Tripura

19,898

813

 

Uttar Pradesh

7,57,332

39,964

 

Uttarakhand

89,783

4,911

 

West Bengal

3,36,619

21,680

 

Total

69,04,649

4,06,310

Source: CGTMSE

This information was given by Minister of state for Micro, Small and Medium Enterprises Shri Bhanu Pratap Singh Verma in a written reply to the Rajya Sabha.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.