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New credit cover for MSME exporters by September
Financial Express Lucknow
|June 09, 2025
Scheme to cover collateral-free loans of up to ₹20 crore
The Centre will prepare the draft of a new credit guarantee scheme for export-oriented MSMEs within a month. The scheme will cover collateral-free loans of up to ₹20 crore per borrower.
Under the proposed scheme, up to 95% of loans for micro and small enterprises and up to 75% for medium enterprises may be guaranteed. The guarantee fee for borrowers is expected to be around 1.5%, sources told FE.
"The target is to roll out the scheme by September," a senior official said, adding that the scheme will remain in force for six years or until the end of the 16th Finance Commission award cycle, ending FY31.
This story is from the June 09, 2025 edition of Financial Express Lucknow.
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