Cabinet approves loan guarantee scheme for COVID-affected sectors, enhances corpus of ECLGS

Jun 30, 2021

New Delhi [India], June 30 : The Union Cabinet on Wednesday approved Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS) enabling funding to...

Cabinet approves enhancement in ECLGS corpus, hospitality sector to get boost

Aug 17, 2022

New Delhi [India], August 17 : The Union Cabinet on Wednesday approved the enhancement in the limit of the Emergency Credit Line Guarantee...

SpiceJet to receive around Rs 225 cr next week under credit guarantee scheme

Sep 02, 2022

New Delhi [India] September 2 : Budget carrier SpiceJet will receive around Rs 225 crore next week as part of the Emergency Credit Line...

Centre's ECLG scheme saved 12 pc of outstanding MSME credit from slipping into non-performing assets: SBI Research

Jan 23, 2023

The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part of Aatmanirbhar Bharat initiative to support eligible Micro, Small and...

Existing Emergency Credit Line Guarantee Scheme extended till March 31 next year: Finance Minister Sitharaman

Nov 12, 2020

New Delhi [India], November 12 : Union Finance Minister Nirmala Sitharaman on Thursday announced that the existing Emergency Credit Line Guarantee Scheme (ECLGS) has...

Geared up for expansion in operations, no question of filing insolvency: SpiceJet chief

May 11, 2023

SpiceJet has initiated the process of reviving its grounded fleet with the USD 50 million funds received by the airline from the government's Emergency...