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Credit Guarantee Scheme For Subordinate Debt (CGSSD)
Introduction of Sub-ordinate Debt Scheme under Atmanirbhar Bharat Abhiyan. As announced by government of India under Atmanirbhar Bharat Abhiyan, Scheme for providing Sub-ordinate debts by Nationalised banks to Stressed/ NPA MSME ‘s is announced recently. Initial Destressed Assets Fund of Rs 4000 crores is created by GOI. Under the said fund CREDIT GUARANTEE SCHEME FOR
DetailsUDYAM (MSME) Registration
Introduction of new UDYAM registration for all MSME Government of India has amended the criteria’s for MSME classification with effect from 1.7.2020. In view of this all existing MSME ’s & also new businesses needs to register themselves to obtain UDYAM Registration. This will replace existing Entrepreneur’s Memorandum (EM – II) or Udyog Adhar (UAM)
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