Latest Emergency Credit Line Guarantee Scheme (ECLGS) News & Updates

Thiruvananthapuram, May 23 (IANS) Claiming that timely intervention by the Narendra Modi government helped Kerala’s small business sector withstand global economic shocks, State BJP Pesident Rajeev Chandrasekhar said on Saturday that more than 5.5 lakh MSMEs in the state benefited from the Centre’s Emergency Credit Line Guarantee Scheme (ECLGS), with guaranteed credit support of more than Rs 8,405 crore extended to enterprises across the state. Chandrasekhar said the scheme played a crucial role…

New Delhi, April 27 (IANS) The Centre is considering a Rs 5,000 crore credit support scheme for the aviation sector as part of a broader relief package aimed at cushioning industries impacted by ongoing geopolitical tensions, according to a report.NDTV Profit reported that the proposed scheme is likely to be rolled out under the Emergency Credit Line Guarantee Scheme (ECLGS) framework, with the government working on an expanded package of around Rs 2.5 lakh crore to support multiple affected sec…