| Aspect | Details |
|---|---|
| Event | Launch of Credit Assessment Model (CAM) by the Government of India |
| Objective | Streamline loan processing for MSMEs through a digital-first approach, reducing paperwork and delays |
| Key Features of CAM | Uses verified digital data for credit profiling; ensures uniform loan decisions; speeds up appraisal process |
| Beneficiaries | Existing and new MSME borrowers |
| Digital Payment Support | Efforts by Government, RBI, and NPCI to strengthen digital payment systems across India |
| Key Initiatives | Incentives for RuPay Debit Card payments; support for BHIM-UPI transactions; Payments Infrastructure Development Fund (PIDF) |
| PM SVANidhi Scheme | Extended till 31 March 2030; provides loans to street vendors |
| Loan Slabs | ₹15,000 (first loan); ₹25,000 (second loan); ₹50,000 (third loan) |
| Digital Features | UPI-linked RuPay credit card with ₹30,000 limit; cashback rewards for digital transactions |
| Overall Goal | Enhance financial access, increase credit flow to MSMEs, and promote digital adoption |
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