Financial ExpressNov 23, 2021ECLGS: 64% of Rs 4.5 lakh crore credit guarantee scheme sanctioned to 1.25 crore MSMEs,others so farCredit and Finance for MSMEs: ECLGS was modified in September for borrowers under ECLGS 1.0 and 2.0 to make them eligible for additional credit support of up to 10 per cent of total credit outstanding as of February 29, 2020, or March 31, 2021, whichever is higher.Credit and Finance for MSMEs: The Modi government’s Emergency Credit Line Guarantee Scheme (ECLGS) has so far sanctioned 64.4 per cent of the total scheme limit of Rs 4.5 lakh crore that was extended from Rs 3 lakh crore in June this year. The information was shared by Prime Minister Narendra Modi recently at a virtual event.Read more at Financial Express
Credit and Finance for MSMEs: ECLGS was modified in September for borrowers under ECLGS 1.0 and 2.0 to make them eligible for additional credit support of up to 10 per cent of total credit outstanding as of February 29, 2020, or March 31, 2021, whichever is higher.Credit and Finance for MSMEs: The Modi government’s Emergency Credit Line Guarantee Scheme (ECLGS) has so far sanctioned 64.4 per cent of the total scheme limit of Rs 4.5 lakh crore that was extended from Rs 3 lakh crore in June this year. The information was shared by Prime Minister Narendra Modi recently at a virtual event.Read more at Financial Express
