Telangana & Godrej Capital Signed MoU to Enhance Credit Access for MSMEs

Current Context: The Telangana government and Godrej Capital signed an MoU on April 9, 2025, in Hyderabad with the primary aim of enhancing credit access for Micro, Small, and Medium Enterprises (MSMEs).

• This partnership focuses on providing digital-first lending solutions tailored to underserved and first-time borrowers.

Key highlights:

• Emphasis on financial inclusion for women entrepreneurs through Godrej Capital's Aarohi initiative.
• Support aligns with Telangana's MSME Policy 2024, aiming to foster inclusive growth and innovation.
• Boosts entrepreneurship while creating a stronger ecosystem for economic growth in the MSME sector.

Question:

Q.1 What is the primary aim of the MoU signed between the Telangana government and Godrej Capital on April 9, 2025?
a) To promote large-scale industries
b) To enhance credit access for Micro, Small, and Medium Enterprises (MSMEs)
c) To increase foreign direct investment
d) To develop infrastructure in urban areas

Answer: b) The Telangana government and Godrej Capital signed an MoU on April 9, 2025, in Hyderabad with the primary aim of enhancing credit access for Micro, Small, and Medium Enterprises (MSMEs).