Credit guarantee for startups expanded

What happened
- DPIIT raised the CGSS guarantee ceiling per borrower from ₹10 crore to ₹20 crore [PIB].
Background
- Fee for 27 Champion Sectors cut to 1% [PIB].
Why it matters
- Startups lack collateral.
How to use this in Mains
- As per PIB (2025-05-09): DPIIT raised the CGSS guarantee ceiling per borrower from ₹10 crore to ₹20 crore.
- Startups lack collateral.
Quotable data pointDPIIT raised the CGSS guarantee ceiling per borrower from ₹10 crore to ₹20 crore.
PIB: CGSS expansion, 9 May 2025
Exam angle
UPSC
Prelims: CGSS.
Practice MCQs
Original practice questions (not PYQs).
Practice · UPSC
New CGSS ceiling
Answer (b) & explanation
PIB.
Go deeper
Official source: PIB: CGSS expansion, 9 May 2025
facts from cited sources only; faculty review pending