Partly deliveredConfidenceHighIndustry & Trade
Implement a collateral-free loan scheme of up to Rs. 10 million for micro, small, and medium-scale entrepreneurs.
NPP 2024Source manifesto
Why this status
Government-backed collateral-free MSME credit is operating through the National Credit Guarantee Institution, with more than Rs. 4.027 billion granted by 2025. However, the public evidence does not verify the promised scheme’s specific availability of loans up to Rs. 10 million per entrepreneur.
Evidence timeline
Oldest first. Each item is labelled by whether it supports the promise being kept or cuts against it.
- 7 Nov 2025SupportsBudget document
“The 2026 Budget reported that more than Rs. 4.027 billion in collateral-free loans had been granted under the National Credit Guarantee Institution by 2025, with further credit guarantees planned.”
Open source
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