CGTMSE Leads Global Dialogue On Credit Guarantees
ECONOMY & POLICY

CGTMSE Leads Global Dialogue On Credit Guarantees

The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) organised the Global Symposium on Credit Guarantees alongside the 38th Annual Conference of the Asian Credit Supplementation Institution Confederation (ACSIC) in Mumbai as part of its Silver Jubilee celebrations. The Symposium highlighted CGTMSE's role in expanding access to collateral-free credit for Micro and Small Enterprises (MSEs). It presented a platform for policy dialogue and technical exchange.

The gathering drew delegates from over 19 countries and 26 organisations, including policymakers, credit guarantee institutions, financial entities and international experts. Delegates examined global cooperation, risk management and mechanisms to broaden outreach. Sessions emphasised collaboration to improve institutional capacity and interoperability.

The event was inaugurated by Manoj Mittal, Chairman of CGTMSE and Chairman and Managing Director of the Small Industries Development Bank of India (SIDBI), and Manish Sinha, Chief Executive Officer of CGTMSE, delivered the welcome. Dr Rajneesh, Additional Secretary and Development Commissioner at the Ministry of Micro, Small and Medium Enterprises, gave the keynote and outlined the Government's commitment to empower MSEs through reforms and policy measures. He highlighted the importance of credit guarantees for enterprises that lack collateral.

Dr Rajneesh set out efforts to improve the ease of doing business, expand financial inclusion and accelerate digital transformation across the sector. He noted that CGTMSE has catalysed large-scale collateral-free credit flow and supported underserved segments, including women entrepreneurs and first-generation enterprises. Panels featured senior officials and covered credit guarantees, institutional strengthening and sustainability. Participants shared operational insights to scale and guarantee coverage.

The first day addressed cross-border cooperation, risk management and resilience, with consensus on the need for innovation and collaboration. The Symposium was presented as a vital forum for knowledge exchange and capacity building among guarantee institutions. CGTMSE reaffirmed its commitment to strengthening the credit ecosystem and promoting inclusive entrepreneurship.

The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) organised the Global Symposium on Credit Guarantees alongside the 38th Annual Conference of the Asian Credit Supplementation Institution Confederation (ACSIC) in Mumbai as part of its Silver Jubilee celebrations. The Symposium highlighted CGTMSE's role in expanding access to collateral-free credit for Micro and Small Enterprises (MSEs). It presented a platform for policy dialogue and technical exchange. The gathering drew delegates from over 19 countries and 26 organisations, including policymakers, credit guarantee institutions, financial entities and international experts. Delegates examined global cooperation, risk management and mechanisms to broaden outreach. Sessions emphasised collaboration to improve institutional capacity and interoperability. The event was inaugurated by Manoj Mittal, Chairman of CGTMSE and Chairman and Managing Director of the Small Industries Development Bank of India (SIDBI), and Manish Sinha, Chief Executive Officer of CGTMSE, delivered the welcome. Dr Rajneesh, Additional Secretary and Development Commissioner at the Ministry of Micro, Small and Medium Enterprises, gave the keynote and outlined the Government's commitment to empower MSEs through reforms and policy measures. He highlighted the importance of credit guarantees for enterprises that lack collateral. Dr Rajneesh set out efforts to improve the ease of doing business, expand financial inclusion and accelerate digital transformation across the sector. He noted that CGTMSE has catalysed large-scale collateral-free credit flow and supported underserved segments, including women entrepreneurs and first-generation enterprises. Panels featured senior officials and covered credit guarantees, institutional strengthening and sustainability. Participants shared operational insights to scale and guarantee coverage. The first day addressed cross-border cooperation, risk management and resilience, with consensus on the need for innovation and collaboration. The Symposium was presented as a vital forum for knowledge exchange and capacity building among guarantee institutions. CGTMSE reaffirmed its commitment to strengthening the credit ecosystem and promoting inclusive entrepreneurship.

Next Story
Infrastructure Transport

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Next Story
Real Estate

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Next Story
Building Material

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement