Union Cabinet has approved Emergency Credit Line Guarantee Scheme (ECLGS) 5.0

Описание: In view of the #WestAsia crisis, the Union Cabinet has approved Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, aiming to provide 100% credit guarantee coverage for MSMEs and 90% for non-MSMEs as well as airline sector for the amount in default under the additional credit facility extended to the eligible borrowers to tide over any short-term liquidity mismatches.

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