PREVIOUS
✖
ECLGS 5.0 Scheme
May 16 , 2026
15 hrs 0 min
75
0
- The Union Cabinet approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to support businesses affected by the West Asia crisis.
- The scheme will provide additional credit support through the National Credit Guarantee Trustee Company Limited to banks and lending institutions.
- ECLGS 5.0 targets an extra credit flow of ₹2.55 lakh crore, including ₹5,000 crore for airlines.
- The scheme offers 100% guarantee coverage for Micro, Small and Medium Enterprises (MSMEs) and 90% coverage for non-MSMEs and airlines.
- The scheme will apply to loans sanctioned up to 31 March 2027.
Leave a Reply
Your Comment is awaiting moderation.