Green Financing Push through MSE-GIFT & Circular Economy Subsidies

The government has introduced targeted schemes like MSE-GIFT (interest subvention) and MSE-SPICE (capital subsidy) to support MSMEs in adopting energy-efficient and circular economy technologies. These initiatives reduce the financial burden of transitioning to green operations by offering cheaper loans and subsidies for technology upgrades. For MSMEs, this lowers entry barriers to sustainability adoption and enables modernization of machinery and processes. It also improves resource efficiency and reduces energy costs. In the long term, such support positions MSMEs to meet ESG compliance requirements, reduce carbon footprint, and participate in sustainable supply chains and green financing ecosystems.