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Govt rolls out bigger, better CGSS to boost Startup loan access to Rs.20 Cr

YourStory · 23d

The Government of India has expanded the Credit Guarantee Scheme for Startups (CGSS) to improve credit access for startups, aligning with the Union Budget 2025–26. Key enhancements include raising the guarantee ceiling per borrower from ₹10 crore to ₹20 crore, increasing guarantee coverage, and reducing the Annual Guarantee Fee (AGF) for startups in 27 'Champion Sectors'. These changes aim to reduce lending risk, encourage innovation, and support India's goal of becoming an innovation-driven economy.