Aparna Lucknow, India 601 Questions 0 Answers 0 Best Answers 678 Points View Profile Aparna Asked: October 17, 20212021-10-17T19:38:53+05:30 2021-10-17T19:38:53+05:30In: Economics What is Credit Guarantee Fund? What is Credit Guarantee Fund? agriculturecurrent affairs Share Facebook 1 Answer Recent 0 Questions 518 Answers 176 Best Answers 0 Points View Profile [Deleted User] 2021-10-17T19:42:00+05:30Added an answer on October 17, 2021 at 7:42 pm Context: An Rs.750 crore Credit Guarantee Fund would be set up and managed by NABARD. About: Credit guarantees would be provided to those sanctioned projects which are covered under MSME-defined ceilings. Guarantee Coverage would be up to 25% of the Credit facility of the borrower. Benefits of the Fund Focused investment: Investment incentivization in AHIDF would leverage 7 times the private investment. Higher productivity in farming: It would also motivate farmers to invest more on inputs thereby driving higher productivity leading to an increase in farmers’ income. Livelihood creation: The measures approved through AHIDF would also help in direct and indirect livelihood creation for 35 lakh. 0 Reply Share Share Share on Facebook Share on Twitter Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer. Related Questions What is Pathalgadi? What is Bodo Accord?
An Rs.750 crore Credit Guarantee Fund would be set up and managed by NABARD.
Benefits of the Fund