Credit Guarantee Scheme for Startups
Credit Guarantee Scheme for Startups (CGSS) is a government-backed credit guarantee framework launched by DPIIT under which eligible banks, NBFCs, and venture debt funds receive guarantee cover to provide collateral-free loans up to Rs. 20 crore to DPIIT-recognised startups. The scheme is operated by the National Credit Guarantee Trustee Company Limited (NCGTC) and helps startups … Read more