MSME Loan Schemes in India

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MSME Loan Schemes in India 2023

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MSME Loan Schemes - Razorpay

• According to the Ministry of Micro, Small
  Medium Enterprises report, there are over 12
  million registered MSMEs in India. The MSME
  sector is undeniably the backbone of the country,
  contributing rapidly to the economic progress of
  the nation.

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Therefore, significant steps have been taken by
the Government of India and other financial
institutions so that these businesses can receive
adequate MSME loans scheme to ensure they can
enjoy uninterrupted business growth. Here is a
quick run-down of 10 such schemes that can be
advantageous for this sector. 
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5 Best MSME Loan Schemes in 2023

• 1. MSME Business Loans in 59 Minutes
• 2. Growth Capital and Equity Assistance Scheme
  (GEMs)
• 3. Credit Guarantee Fund Scheme for Micro and
  Small Enterprises (CGTMSE)
• 4. Credit Linked Capital Subsidy Scheme for
  Technology Upgradation
• 5. Prime Minister Employment Generation Programme
  (PMEGP)

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