TIOLCorplaws- Tiol Corplaws

Chouhan meets Rozgar Sahayaks (See 'Corp Brief')

PMLA - Provisional attachments under Section 5 of PMLA can be initiated without chargesheet under Section 173 of CrPC, based on sufficient material: HC (See 'Legal Desk')

DRDO & RRU ink MoU to foster collaboration in research, education & training (See 'Corp Brief')

IPR - By mapping claims of suit patent against each element of defendants' product, plaintiffs have established strong prima facie case demonstrating infringement of suit patent: HC (See 'Legal Desk')

EVs driving India's Next Growth Story: MoS (See 'Corp Brief')

Meditation is scientific tool for stress management and neuroplasticity: Experts (See 'Corp Brief')

Misc - Directors of company under winding up are statutorily bound under Section 454 of Companies Act, to make full and accurate disclosure of assets: HC (See 'Legal Desk')

Mandaviya leads 1st Anniversary Celebrations of Fit India Sundays on Cycle in Puducherry (See 'Corp Brief')

MoHUA launches 10th Swachh Survekshan (See 'Corp Brief')

Misc - Once CIRP is initiated, all claims against corporate debtor must be routed through insolvency process: HC (See 'Legal Desk')

Centre releases grants of Rs 94 Crores for PRIs in Uttarakhand (See 'Corp Brief')

New Logo for RRBs signifying single and unified brand identity unveiled (See 'Corp Brief')

PMVBRY aims to incentivise creation of over 3.5 crore jobs over 2 years (See 'Corp Brief')

IPR - Pharmaceutical guidelines illustrate that if combination of two prior art documents fails to provide result as claimed in invention in question, then teaching of prior art documents is considered to be teaching away: HC (See 'Legal Desk')

Ministry of Parliamentary Affairs transforming functioning into paperless ecosystem (See 'Corp Brief')

Scindia chairs review meeting on Matabari Tourism Circuit Development in Tripura (See 'Corp Brief')

IPR - If Novartis had consciously waived its right to cross-examination by electing to file rebuttal evidence, there are no valid grounds to challenge Controller's order: HC (See 'Legal Desk')

WHO Global Summit on Traditional Medicine Commences in New Delhi (See 'Corp Brief')

MoS delivers national statement at UN on outcomes of World Summit on the Information Society (See 'Corp Brief')

PM MITRA Parks anchored in 5F vision generating huge investment interest (See 'Corp Brief')

IPR - While assessing 'prior art', mere similarity is insufficient and visual distinction matters, and for prior art to invalidate design, it must be clearly established and comparable in relevant features: HC (See 'Legal Desk')

Steps taken to strengthen security of cyber ecosystem (See 'Corp Brief')

ICG Ship Sarthak makes Strategic Port Call at Chabahar (See 'Corp Brief')

IPR - On being satisfied that brand or mark has acquired status which is well known, there ought to be order directing that no individuals should be allowed to register UPI Ids or VPAs with said brand names: HC (See 'Legal Desk')

CCI okays acquisition of paper & pulp manufacturing business of ABREL by ITC Ltd (See 'Corp Brief')

CCI okays acquisition of equity stake in Logisteed Holdings, Ltd. by Japan Post Co., Ltd. (See 'Corp Brief')

CCI nod to proposed combination involving acquisition of minority shareholding in DCX Global Limited by Coinbase Global Inc. (See 'Corp Brief')

IBC - Compromise between bank and co-guarantor did not extinguish liability of other guarantors, who issued separate, enforceable undertakings: HC (See 'Legal Desk')

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