Implement a collateral-free loan scheme of up to Rs. 10 million for micro, small, and medium-scale entrepreneurs.
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.
Inspect the evidence
Evidence for (1)
- Budget document7 Nov 2025
“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.”
Evidence against (0)
None found.