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Lack of institutional funds for Micro and Small Enterprises

Dated:- 24-7-2015 - Inadequate and lack of timely credit, high cost of credit, collateral requirements, etc. pose hurdles before the Micro, Small and Medium Enterprises. Furthermore, the MSMEs are being perceived as high risk category by Banks. However, the Government has been running Credit Guarantee Fund Scheme for Micro and Small Enterprises to provide guarantee cover for collateral free credit facilities extended to micro and small enterprises (MSEs). In addition, to facilitate easy flow of .....

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