India, Feb. 17 -- The Government of India issued the following news release:
Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS - MSME) for facilitating loans upto Rs. 100 crore to MSMEs for purchase of machinery or equipment without collateral, in pursuance of the Union Budget 2024-25 announcement, at the post-budget stakeholders' interaction in Mumbai, today.
The Union Minister also virtually inaugurated the first 'Sachal Aaykar Seva Kendra' at Mumbai, to be operational in Navy Nagar Colaba from 18th and 19th February, 2025, and is designed to facilitate access to digital services, provide assistance for grievance redressal and to promote tax awareness.
At th...