New Delhi, Oct. 10 -- The Delhi government has introduced a new scheme to provide collateral-free loans to small businesses and women entrepreneurs, aimed at bolstering the capital's economic growth and promoting inclusive development.

The initiative, announced by Chief Minister Rekha Gupta, is designed to improve credit access for micro, small, and medium enterprises (MSMEs) that often face challenges in securing financing due to a lack of collateral.

As per the Delhi government's FY26 Budget, an initial allocation of Rs 5 crore has been made for the scheme, with a phased contribution of Rs 50 crore planned in collaboration with the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).

The scheme provides a shared guar...