- Financial Express
ECLGS loans to domestic airlines haven’t reduced MSMEs’ share in credit scheme: MoS Finance
Credit and finance for MSMEs: The recent credit support to domestic airlines under the Emergency Credit Line Guarantee Scheme (ECLGS) has not resulted in a reduction of MSMEs’ share in the scheme, Minister of State in the finance ministry Bhagwat Karad informed Parliament on Monday. According to the data shared by Karad in reply to a written question on ECLGS in the Lok Sabha, 76 loans involving Rs 1,464.61 crore were sanctioned as of November 30, 2022, of which Rs 648 crore loans were disbursed.