Rating agency Moody's has revised downwards the economic growth forecast of India by 40 basis points to 9.1 percent in the Calendar Year 2022 (CY2022), due to adverse effects of the Russia-Ukraine conflict on the global economy.
'Credit guarantee scheme for subordinate debt (CGSSD)' is implemented by the Ministry of MSME. The Ministry has extended the CGSSD by one more year till March 31, 2023.
EXAMIANS