Entrepreneurship Archives - Universal Group Of Institutions

31Jan 2025

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Mutual Credit Guarantee Scheme Enhances Financial Support for MSMEs

Why in the news? The government introduced the Mutual Credit Guarantee Scheme to provide loan guarantees up to ₹100 crore for MSMEs, supporting equipment purchases and fostering growth, technological advancement, and industrial development in small and medium businesses. About Mutual Credit Guarantee Scheme (MCGS-MSMEs): The Mutual Credit Guarantee Scheme (MCGS-MSMEs) is a newly launched initiative …

27Dec 2024

India’s Agri-Preneur Scheme Faces Declining Participation Rates

Why in the news? The Agri-Clinics and Agri-Business Centres (ACABC) scheme reported a sharp decline, with only 35 ventures established in FY25 against a target of 2,605, raising concerns. Scheme Overview and Objectives: The Agri-Clinics and Agri-Business Centres (ACABC) scheme, part of Krishonnati Yojana, aims to promote agri-entrepreneurship and enhance modern agricultural practices. Launched in …

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Mutual Credit Guarantee Scheme Enhances Financial Support for MSMEs

India’s Agri-Preneur Scheme Faces Declining Participation Rates