Evaluating the Factors of CGTMSE Scheme in Bank by Using Fuzzy AHP

MSMEs (Micro, Small, and Medium Enterprises) are basic financial tools for India's economic growth and development. Many schemes have been created by the Indian government to support MSMEs with appropriate and timely access to structured funding. The Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE), created in 2000, represents one of the significant initiatives. An MSME is a company that operates in a specialized market with an untested product or innovation. The designer-entrepreneur may be a respectable professional, but he or she is not a respectable leader. Issues arise as a result of a lack of administrative skills. Lack of money to invest in innovation becomes another barrier when mastery is severely demanded. He is unable to afford pricey advertising campaigns to get the word out. Administrative formality informs him of the need of upholding all of the regulations that everyone is required to go by, particularly concerning MSME. The authors employed the Fuzzy Analytic Hierarchy Process (Fuzzy AHP) to examine these aspects impacting the CGTMSE designs. Based on our empirical assessment system, awareness was ranked first, with a weight of 0.325562. This method quantitatively assesses the components. This is an MCDM technique that reduced the vagueness of humans in the selection of the most prominent factors affecting the schemes.