New Delhi, Aug. 8 -- The government has introduced a series of initiatives to enhance credit flow and liquidity for Micro, Small and Medium Enterprises (MSMEs), Union Minister of State for MSMEs Shobha Karandlaje informed the Rajya Sabha in a written reply on Thursday.

Under the Credit Guarantee Scheme (CGS) for Micro and Small Enterprises (MSEs), an additional Rs 9,000 crore has been infused into the Credit Guarantee Fund Trust for MSEs, enabling an estimated Rs 2 lakh crore of additional credit at reduced borrowing costs.

Effective April 1, 2025, the guarantee ceiling will rise from Rs 5 crore to Rs 10 crore, with coverage of up to 90 percent for eligible loan categories.

The Prime Minister's Employment Generation Programme (PMEGP) o...