Poket News

Centre extends Emergency Credit Line Guarantee Scheme till Nov 30

 

  • Union Govt has extended the Emergency Credit Line Guarantee Scheme by one month till 30th of November or till an amount of Rs.3 lakh crore is sanctioned under the scheme, whichever is earlier.
  • The ECLGS was announced as part of the Atmanirbhar Bharat Package to provide fully guaranteed and collateral free additional credit to MSMEs, business enterprises, individual loans for business purposes and MUDRA borrowers.