Archive · 28 Jan 2026
Delhi to offer Rs 10 crore collateral-free loans to entrepreneurs
The Delhi government is giving big loans to small business owners in the city.
These loans can be up to Rs 10 crore, and you don't need to put up any property or valuable items to get them.
The government has set aside Rs 50 crore to help with these loans, which add up to Rs 2500 crore in total.
They want to help at least 1 lakh people with these loans.
The Chief Minister and the Industries Minister signed an agreement with a special organization that helps with these kinds of loans.
Delhi government to offer collateral-free loans up to Rs 10 crore to entrepreneurs and traders.
Rs 50 crore fund allocated for service loans worth Rs 2500 crore.
No cap on the number of beneficiaries, with an initial target of 1 lakh.
Memorandum of Understanding (MoU) signed with Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).
Chief Minister Rekha Gupta and Industries Minister Manjinder Singh Sirsa present at the event.
- Who
- Delhi government, Chief Minister Rekha Gupta, Industries Minister Manjinder Singh Sirsa, Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
- What
- Offering collateral-free loans to entrepreneurs and traders
- When
- Details not specified
- Where
- Delhi
- Why
- To boost micro and small enterprises in the city
- Loan Amount
- Up to Rs 10 crore
- Fund Allocated
- Rs 50 crore
- Total Loan Value
- Rs 2500 crore
- Beneficiaries Target
- 1 lakh
- Collateral
- None required