New Delhi, Dec. 5 -- The Government has introduced a series of initiatives aimed at strengthening access to finance for Micro, Small and Medium Enterprises (MSMEs), with recent measures focusing on expanding credit guarantees, enhancing subsidy support and facilitating equity infusion.

In a written reply to a question in the Lok Sabha on December 4, Minister of State for Micro, Small and Medium Enterprises Sushri Shobha Karandlaje highlighted the steps taken to bolster financial support for the sector.

A key reform includes the enhancement of the Credit Guarantee Trust Fund for Micro and Small Enterprises (CGTMSE) ceiling from Rs 5 crore to Rs 10 crore.

Established jointly by the Ministry of MSME and SIDBI in 2000, the CGTMSE provides ...