Friday, May 9, 2025

Capital push for startups: Government expands Credit Guarantee Scheme

The government has revised the Credit Guarantee Scheme for Startups, doubling the maximum guarantee cover to Rs 20 crore and increasing coverage to 85% for loans up to Rs 10 crore. It also reduced annual guarantee fees to 1% for key sectors.

from Tech-Economic Times https://ift.tt/9meTXMw

No comments:

Post a Comment

With Nvidia's second-best AI chips headed for China, the US shifts priorities from security to trade

The US has allowed Nvidia to sell powerful AI chips to China in return for a share of the profits. This shift weakens export controls and ri...