India, Sept. 25 -- The Ministry of Micro, Small and Medium Enterprises (MSME) has launched credit guarantee support for invoice discounting through the Trade Receivables Discounting System (TReDS), aimed at improving working capital access for Micro and Small Enterprises (MSEs).
As part of the rollout, the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) portal has been integrated with the TReDS ecosystem. The guarantee facility is now available on three platforms — M1xchange, RXIL and DTX (KredX).
The initiative follows the Union Budget 2026-27 announcement on providing credit guarantee coverage for invoice discounting through TReDS. The facility is expected to reduce credit risk for financiers and encourage gre...