- Launched in 2000, CGTMSE makes available collateral-free credit to the micro and small enterprise sector.
- It aims to strengthen credit delivery system and facilitate flow of credit to the sector.
- The corpus of CGTMSE is being contributed by the Government of India and SIDBI in the ratio of 4:1 respectively.
Why in News?
- The Credit Guarantee Scheme for Micro & Small Enterprises (CGTMSE) has crossed guarantees of one lakh crore during 2022-23 FY.