'More than 1 lakh people will benefit': Delhi CM Rekha Gupta on signing MoU with CGTMSE - News Summed Up

'More than 1 lakh people will benefit': Delhi CM Rekha Gupta on signing MoU with CGTMSE


Chief Minister Rekha Gupta on Tuesday said that the MoU signed between the Delhi government and the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) will enable startup owners to obtain collateral-free loans up to Rs 10 lakh. We are making this entire process available, where individuals can get loans of up to Rs 10 crore," Gupta said. Delhi Minister Manjinder Singh Sirsa termed the MoU "historic" and said that the scheme provides relief to the minority community. "It is a historic MoU under which, in Delhi, the MSMEs will be provided with a loan worth Rs 10 crore without any guarantee. The scheme will provide 95% guarentee and small businesses will get loans easily.


Source: dna January 28, 2026 19:58 UTC



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