Emergency Credit Line Guarantee Scheme (ECLGS) scheme
05
Jul
1
Subject: Economy Context: As per Finance Ministry data, banks have sanctioned 36.7 per cent of the targeted Rs 3 lakh crore under the Emergency Credit Line Guarantee Scheme (ECLGS) scheme for stressed micro, small and medium enterprises (MSMEs). Concept: Finance Minister on May 13 announced collateral-free loans up to Rs 3 lakh crore backed by government […]