Archive · 8 Jun 2025
New Credit Scheme to Boost MSME Exporters by September
The government is creating a new program to help businesses that export goods.
This program will guarantee loans, meaning the government will help pay back the loans if the businesses can't.
It will cover loans up to 20 crore rupees, with the government promising to cover up to 95% of loans for small businesses and 75% for medium ones.
The goal is to help these businesses get money to expand and export, boosting the economy.
The scheme is expected to start by September and last for six years.
A new credit guarantee scheme is being prepared for export-oriented MSMEs.
The scheme will cover collateral-free loans up to Rs 20 crore.
The government may guarantee up to 95% of loans for micro and small enterprises and 75% for medium enterprises.
The guarantee fee for borrowers may be around 1.5%.
The scheme aims to roll out by September and will be in place for six years or until FY31.
- Who
- Export-oriented MSMEs
- What
- A new credit guarantee scheme.
- When
- Targeted to roll out by September.
- Where
- N/A
- Why
- To facilitate exports, help earn foreign currency, and strengthen the economy.
- Target
- Export-oriented MSMEs
- Loan Amount
- Up to Rs 20 crore
- Guarantee Coverage
- Up to 95% (micro & small), up to 75% (medium)
- Guarantee Fee
- Around 1.5%
- Targeted Rollout
- September
- Duration
- Six years or until FY31