NCGS Scheme for the business here in bbutan.pptx

Scheme

1. རྒྱལ་ཡོངས་སྐྱིན་འགྲུལ་འགན་ལེན་ཐབས་ལམ་ཡིག་ཚང། National Credit Guarantee Support Facility (NCGSF)

2. Challenges of Aspiring Entrepreneurs Limited Access to Credit; Huge Collateral Requirement;

3. Limited Guidance; and Lack of Handholding Support.

4. Why NCGS?

5. Objectives Boosting exports. Investing in import substitution-based projects. Promoting innovation and technology. Creating jobs to absorb the displaced and unemployed.

6. Participating Banks

7. Modality of Guarantee Coverage ( Cottage and Small industries ) Government Borrower Banks

8. Interest Rates Cottage and Small Gestation Period 7% Commercial Period 8%

9. Productive/Priority Sectors Sector Agriculture Sub-Sector Crop Cultivation; Agro-Processing; Livestock Farming; & Others Eligible Production; Value-addition; Import substitution; & Aggregations. Ineligible Projects/Business proposals in concentrated areas & high NPLs with Banks Retail (imported); Vegetable Vendor Gestation period beyond 1 yrs.

10. Sector Production & Manufacturing Sub-Sector Production & Manufacturing Enterprises; Handicrafts & Textile; Wood Based P roduction & Traditional & Herbal Medicines. Eligible Production; Value-addition; Import substitution/Export Promotion; Ineligible Proposals in already concentrated areas. High NPLs with banks Retail (imported); Wholesale (imported); Gestation period beyond 1-1.5 yrs. Boulder Exports and Mineral Extraction

11. Sector Services Sub-Sector ICT; Hospitality, Entertainment & Recreational Services; Health Services; Cold Storage & Cold Transportation Services Construction Services Eligible ICT that promotes mechanization, digitization, and enhances productivity; Services not concentrated in towns; Construction that uses 80-90% of domestic RM & Labour including SF under Build Bhutan Project. Ineligible Tourist Standard or Budget Hotels; Tourism related hotels; General construction services; and Gestation period beyond 1-1.5 yrs.