Centre expands credit guarantee scheme for startups

May 9, 2025 1:54 PM

Centre expands credit guarantee scheme for startups

The Centre on Friday notified an expansion of the Credit Guarantee Scheme for Startups (CGSS). The revised scheme significantly enhances guarantee coverage and reduces associated fees, in a bid to ease access to debt funding for early-stage and innovation-driven enterprises. The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, announced that the ceiling on guarantee cover per borrower under the CGSS has been raised from ₹10 crore to...

Women-led Indian startups making global mark: Jitendra Singh

February 4, 2025 8:46 AM

Women-led Indian startups making global mark: Jitendra Singh

Women-led startups in India are making a global impact and hold the promise of realizing the vision of a "Viksit Bharat," said Jitendra Singh, Union Minister of State (Independent Charge) for Science & Technology, on Sunday. Speaking to a delegation of the Federation of Indian Chambers of Commerce and Industry - Ladies Organisation (FICCI-FLO), Singh highlighted women's contributions even in traditionally challenging sectors like space exploration. He cited India's solar mission, "Aditya L...

Startups to Scale Up: UAE Summit Showcases India’s Innovation and Global Ambitions

January 23, 2025 9:52 PM

Startups to Scale Up: UAE Summit Showcases India’s Innovation and Global Ambitions

The Indian People Forum’s Business and Professional Council hosted the Innovator and Investor Summit at Dubai, spotlighting three startups whose innovations celebrate India’s emerging role as a global hub of innovation and entrepreneurship. The summit brought together a dynamic network of Indian diaspora entrepreneurs and investors, fostering collaboration and showcasing solutions to global challenges. Speakers highlighted how India’s demographic dividend and transformative governance are...