1.

Who launched the Credit Guarantee Scheme for Sub-ordinate debt which is also called the "Distressed Assets Fund-Sub-ordinate Debt for MSMEs" to provide Rs 20000 crore guarantee cover to two lakh MSMEs?

Answer» Nitin Gadkari(Minister of Micro Small and Medium Enterprises) launched the Credit Guarantee Scheme for Sub-ordinate debt(CGSSD) which is also called the "Distressed Assets Fund-Sub-ordinate Debt for MSMEs" to provide Rs 20000 crore guarantee cover to two lakh MSMEs.


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