CGTMSE provides collateral-free loans to Micro and Small Enterprises in India. It offers a credit guarantee cover to lending institutions to encourage them to extend credit without requiring collateral. Promotes entrepreneurship by reducing financial barriers for MSME. Helps lenders mitigate risks associated with lending to MSME. Facilitates growth opportunities for MSME by providing access to finance. Contributes to financial inclusion by reaching MSME in rural and underserved areas.