One-day workshop on CGTMSE & its operational guidelines
Updated: Jan 28, 2015 02:25:04pm
The Ministry of MSME and Small Industries Development Bank of India (SIDBI) established the Trust to implement the Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE).
The purpose of the scheme is to make available collateral free credit to the micro and small enterprises sector. It covers both existing as well as new enterprises.
The one day programme sponsored by Lakshmi Vilas Bank Ltd was conducted here on January 20, 2015.
A number of delegates representing different government ministries, industry, industry associations, academia, financial institutions, support organisations and experts connected with the sector pertaining to credit guarantee attended the programme.
CGTMSE has adopted a multi-channel approach for creating awareness about its scheme amongst banks, MSE associations and entrepreneurs through print and electronic media, by conducting workshops/seminars and attending meetings convened by various relevant organisations. (KNN/ST)