ECLGS: 14.6 lakh MSMEs saved post Covid including livelihood of 6.6 crore people, says SBI report

The government’s post-Covid Em ergency Credit Line Guarantee Scheme (ECLGS) for MSMEs and other businesses has been able to save at least 14.6 lakh MSME loan accounts, said public lender State Bank of India (SBI) in a special report on the MSME sector on Monday. This was the second annual report by SBI updating MSMEs’ performance post pandemic. In its Jan 2022 report, SBI had noted that nearly 13.5 lakh MSME accounts were saved with credit support under ECLGS.

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