Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Govt doubles startup credit guarantee, cuts sector fee
Mint Chennai
|May 10, 2025
To ease credit access for startups and fuel innovation in key priority sectors, the government has doubled the guarantee cover under its Credit Guarantee Scheme for Startups (CGSS), effectively raising the limit per borrower from ₹10 crore to ₹20 crore.
The move comes amid tightening funding conditions, with startups calling for stronger institutional support as private capital flows dry up.
The revised scheme, notified by the Department for Promotion of Industry and Internal Trade (DPIIT) on Friday, also increases the extent of guarantee cover to 85% for loans up to ₹10 crore and 75% for loans above that threshold.
The government is positioning the expanded coverage as a way for startups to secure working capital, term loans and venture debt, key to sustaining R&D and product development.
Dit verhaal komt uit de May 10, 2025-editie van Mint Chennai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Chennai
Mint Chennai
Trump’s focus on drug war means big business for defense startups
Drones, sensors and AI platforms developed for other theaters are being rebranded as tools for the fight against ‘narco-terror’
6 mins
December 01, 2025
Mint Chennai
EC extends electoral roll revision by a week to II Dec; final list on 14 Feb
The Election Commission on Sunday extended by one week the entire schedule of the ongoing special intensive revision (SIR) of electoral rolls in nine states and three Union territories amid allegations by opposition parties that the “tight timelines” were creating problems for people and ground-level poll officials.
2 mins
December 01, 2025
Mint Chennai
With $2.2 bn fund, ChrysCap has appetite for riskier bets
MD Saurabh Chatterjee details shift in global LP base, renewed focus on manufacturing
3 mins
December 01, 2025
Mint Chennai
Battery PLI scheme may get a new spark with rules set to ease
other factors have contributed as well.
1 min
December 01, 2025
Mint Chennai
Selling home to repay loan? Know the tax hit
I had availed an education loan against my residential property. If I now happen to sell the property and use the proceeds to clear the loan, what will be the tax implications I should be mindful about before going ahead with the transaction? The outstanding loan amount is ₹1.5 crore and the likely sale price of the property is also around ₹1.5 crore. I had purchased said the property in 2003 for ₹20 lakh.
2 mins
December 01, 2025
Mint Chennai
HFTs to Big Tech to compete as IIT placements start today
Da Vinci, Tesla, Apple, Microsoft, Nvidia, Airbus, Boeing among firms headed for campuses
3 mins
December 01, 2025
Mint Chennai
Gen Z redefines work in a volatile job market
Amid layoffs, Gen Z is pushing back against overwork, choosing clear boundaries, sustainable growth over old notions of indispensability
3 mins
December 01, 2025
Mint Chennai
Gen Alpha will make new rules for their workplace
Gen Alpha will expect hybrid workplaces, Al tools and 4-day weeks— offices unrecognizable to their parents’
3 mins
December 01, 2025
Mint Chennai
India's regulated exports at risk: BCG
India’s export-driven businesses in sectors such as aluminium, iron and steel that face international regulatory shocks are increasingly exposed to risk due to climate inaction threatening their profits, operations, and long-term viability, according to global consulting firm BCG.
1 min
December 01, 2025
Mint Chennai
Starting the day with meetings and 8,000 steps
Swiggy's Rohit Kapoor on learning from unconventional mentors
2 mins
December 01, 2025
Listen
Translate
Change font size