An initiative by the Small Industries Development Bank of India (SIDBI) and the Ministry of Micro, Small and Medium Enterprises, the CGTMSE was launched by the Government of India. 

The essence of this scheme is to make collateral-free credit available to the micro and small enterprise sector. Collaterals pose a constant state of fear in the minds and hearts of an entrepreneur, which affects their efficiency at the tasks undertaken, thereby leading to inevitable mishaps. 

Salient features of the CGT SME 

In conclusion

If the features and the benefits that come with it have not won your trust over yet, then here are some words from the chairperson of CGTMSE that might be of help. 

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