Credit guarantee shield extended till 2031

NEW DELHI, 12 November The Credit Guarantee Fund for Micro Units (CGFMU) will continue to 31 March 2031, covering the 16th Finance Commission cycle from 2026-27 to 2030-31. Its corpus is ₹5,000 crore, and the government expects it to support Mudra loans worth ₹12.6 lakh crore over five years. The guarantee fee falls from 1%…

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