Distressed Assets Fund – Subordinate Debt for Stressed MSMEs (CGSSD)

This scheme helps MSME vendors revive stressed units or NPAs by providing personal loans to promoters for equity infusion. For this scheme, 90% guarantee coverage would come from scheme/ Trust and remaining 10% from the concerned promoter(s) Promoter(s) of the MSMEs are given credit equal to 50% of their stake (equity plus debt) or Rs. 75 lakh whichever is lower.