Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME)

Key Points: - Objective: Facilitate credit availability for purchase of plant, machinery and equipment by MSMEs to boost manufacturing under Make in India - Approval Date: January 29, 2025 by the Union Cabinet - Implementing Agency: National Credit Guarantee Trustee Company Limited (NCGTC) - Loan Amount: Up to Rs 100 crore for equipment/machinery purchase - Guarantee Coverage: 60% of loan amount by NCGTC to Member Lending Institutions - Eligibility: Valid Udyam Registration; equipment/machinery must be minimum 75% of project cost - Fee Structure: 5% upfront contribution; Nil annual fee in sanction year; 1.5% p.a. for Years 2-4; 1% p.a. from Year 5 - Repayment: Up to 8 years for loans ≤Rs 50 crore, with up to 2 years moratorium on principal - Scheme Duration: 4 years or till cumulative guarantee of Rs 7 lakh crore is issued - Beneficiaries: All registered MSMEs across India

मुख्य बिंदु: - उद्देश्य: मेक इन इंडिया के तहत विनिर्माण को बढ़ावा देने के लिए एमएसएमई को संयंत्र, मशीनरी और उपकरण खरीद हेतु ऋण उपलब्धता सुगम बनाना - मंजूरी तिथि: 29 जनवरी 2025 को केंद्रीय मंत्रिमंडल द्वारा - कार्यान्वयन एजेंसी: राष्ट्रीय क्रेडिट गारंटी ट्रस्टी कंपनी लिमिटेड (NCGTC) - ऋण राशि: उपकरण/मशीनरी खरीद के लिए 100 करोड़ रुपये तक - गारंटी कवरेज: ऋण राशि का 60% - पात्रता: वैध उद्यम पंजीकरण; उपकरण/मशीनरी परियोजना लागत का न्यूनतम 75% हो - शुल्क: 5% अग्रिम योगदान; मंजूरी वर्ष में शून्य वार्षिक शुल्क; वर्ष 2-4 में 1.5% प्रतिवर्ष - पुनर्भुगतान: 50 करोड़ तक के ऋण के लिए 8 वर्ष तक, 2 वर्ष की मूलधन अधिस्थगन अवधि - योजना अवधि: 4 वर्ष या 7 लाख करोड़ की संचयी गारंटी जारी होने तक

• Mutual Credit Guarantee Scheme for MSMEs approved on 29 January 2025 to facilitate credit for purchase of plant, machinery, and equipment
• Loan amount up to Rs 100 crore for equipment/machinery purchase with 60% guarantee coverage by NCGTC to lending institutions
• Equipment/machinery must be minimum 75% of project cost; valid Udyam Registration required
• Fee structure: 5% upfront contribution, nil annual fee in sanction year, 1.5% p.a. for Years 2-4, 1% p.a. from Year 5
• Repayment: Up to 8 years for loans up to Rs 50 crore with up to 2 years moratorium on principal
• Scheme duration: 4 years or till cumulative guarantee of Rs 7 lakh crore is issued; implemented by NCGTC under Make in India