India, Oct. 9 -- The Delhi Government has joined hands with the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to make it easier for small entrepreneurs to access loans without pledging collateral.
The move aims to strengthen the Capital's Micro and Small Enterprise (MSE) sector by reducing lending risks for banks and boosting job creation.
Chief Minister Rekha Gupta called the partnership a major step toward inclusive economic growth.
"This collaboration will mark a new chapter in Delhi's economic story. Thousands of small business owners will now be able to expand their ventures without the burden of collateral," she said.
Under the new scheme, loans will be guaranteed jointly by the Delhi Government and CGTMSE, ...