India Doubles Credit Guarantee for Startups, Slashes Fees for Key Sectors

India’s DPIIT has revamped its Credit Guarantee Scheme for Startups, doubling the credit limit from ₹10 crore to ₹20 crore and offering up to 85% guarantee coverage for smaller loans. Startups in 27 priority sectors will also benefit from reduced fees.

Read more on YourStory

The Bharat Project Boosts Rural Entrepreneurs

Union Minister Piyush Goyal launched The Bharat Project by YourStory in Mumbai, empowering entrepreneurs from Tier II, III cities, and rural India. This initiative offers AI-powered mentorship, district-level activations, and a WhatsApp learning program. Featuring the Bharat Ideathon and BharatSparks, it provides funding and visibility. A documentary, Shuru-kar, will showcase inspiring startup stories.

Read more on YourStory

X