5  Annual Report 2012–13 of Ministry of Micro, Small http://msme.gov.in/ANNUALREPORT-MSME-2012-13P.pdf. 4  and  Medium  Industry  and  accessed  from  BIS central bankers’ speeches  enterprises with credit limits up to Rs.1 million.
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), set up by the Government of India operates the “Credit Guarantee Scheme” (CGS) which guarantees grant of collateral-free and/or third party guarantee-free credit facilities to Micro and Small Enterprises by banks. 19.