Sun, Feb 19, 2023
The meeting between Finance Ministry and banks' heads is scheduled to be held on February 22 to review progress on ECLGS and Loan Guarantee Scheme for COVID-Affected Sectors (LGSCAS), sources said.
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Thu, Oct 06, 2022
Now Airlines️ will be able to take more loans as the Finance Ministry has increased the limit of Emergency Credit Line Guarantee Scheme (ECLGS). Loan limit under ECLGS increased from ₹ 400 Cr to ₹ 1500 Cr. Know full details from Nupur.
Mon, Aug 29, 2022
The Non-Performing Assets (NPAs) are higher in the services and infrastructure sectors, which are largely driven by Covid like their contact intensiveness and reliance on movement of people, the report by credit information company Transunion Cibil said.
Wed, Aug 17, 2022
Cabinet Decisions Today: Union Cabinet Chaired by Prime Minister Narendra Modi took several important decisions on Wednesday including restoring the Interest Subvention of 1.5% for agriculture loans up to Rs 3 lakh and enhancing the ECLGS to Rs 5 lakh cr
Union Cabinet chaired by the Prime Minister Narendra Modi has approved the enhancement in the limit of Emergency Credit Line Guarantee Scheme (ECLGS) by Rs 50,000 crore from Rs. 4.5 lakh cr to Rs 5 lakh cr
Sun, Apr 10, 2022
This is the first full review meeting after presentation of Budget 2022-23. Banks would be urged to sanction loans for productive sectors to accelerate revival of the economy, sources said.
Tue, Mar 22, 2022
A Parliamentary panel on Monday suggested that the government should extend the period of repayment of loans under the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector.
Tue, Feb 01, 2022
ECLGS will be extended till March 2023 for hospitality and related sector, ECLGS Scheme to be extended up to March 2023
Thu, Jan 06, 2022
Modi government launched the ECLGS scheme for the MSME sector to provide relief to the sector amidst the pandemic.
Thu, Dec 09, 2021
Nearly two-thirds of small businesses believe that the government's Emergency Credit Line Guarantee Scheme (ECLGS) has helped them pass through financial troubles, according to a survey.
Thu, Jul 29, 2021
ECLGS was announced as part of the Aatmanirbhar Bharat Package 2020 with an aim to help MSMEs/small businesses meet their operational liabilities and resume businesses in view of the distress caused by the pandemic.
Sun, May 30, 2021
The Ministry of Finance on Sunday further expanded the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) amid the economic disruption caused by the second wave of the Covid-19 pandemic.
Mon, Nov 02, 2020
In a major decision, the Modi government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) by one month till November 30th, 2020, or till such time that an amount of Rs. 3 lakh crore is sanctioned under the Scheme, whichever is earlier.
Sun, Sep 13, 2020
Out of the total sanctioned amount over Rs 1.18 lakh crore has been disbursed.
Thu, Aug 20, 2020
The ECLGS was announced by the Government as a part of Aatma Nirbhar Bharat Package, to mitigate the distress caused by lockdown due to COVID-19 by providing credit to different sectors, especially MSMEs.
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