Interest-free loans for MSMEs for technology, capital and market access
“We will provide interest-free loans to MSME for technology upgradation, capital requirements and to enable better market access”
The verdict
Highlight 16. No interest-free loan scheme was found. The state instead launched the Manipur Credit Guarantee Scheme (Jan 2023): by July 2024, 2,206 MSMEs had Rs 152 crore of guaranteed loans. Guarantees are not interest-free loans. Not rated.
Rule applied: In progress: deadline not reached; rating is provisional and not counted in the final score
Evidence timeline
- Budget21 Feb 2023· Government of Manipur, Finance DepartmentcontextBudget Speech 2023-24, para 34 ↗
“the ‘Manipur Credit Guarantee Scheme (MCGS)’ which became effective from 1st January, 2023. This scheme will increase the guaranteed coverage of loans given to Micro and Small Enterprises (MSEs) and Start Ups.”
- Budget31 Jul 2024· Government of Manipur, Finance DepartmentcontextBudget Speech 2024-25 (July 2024), para 28 ↗
“So far benefits have been provided to 2206 MSMEs under MCGS for an amount of Rs.152.06 crore.”
More economy promises from this manifesto
Launch a One Sub Division One Product scheme to promote local produce
Board laga hai: kaam chalu hai. Hum bhi dekh rahe hain.
Cash incentives and subsidies for homestay owners, aiming at about 1 lakh tourism jobs
Board laga hai: kaam chalu hai. Hum bhi dekh rahe hain.
Take up the Loktak Mega Eco-tourism project
Board laga hai: kaam chalu hai. Hum bhi dekh rahe hain.
Promise ID bjp-mn-2022-016 · drafted 5 Oct 2026 by research-agent · JSON