ECLGS 5.0 mobilises Rs 1.55 lakh crore guaranteed amount; MSMEs secure 98% of guarantees
New Delhi, July 7 -- The recently launched Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has rapidly deployed critical liquidity across the Indian business ecosystem, recording over 4.11 lakh guarantees with the total guaranteed amount surging past Rs 1.55 lakh crore.
According to the Ministry of Finance, the intervention has overwhelmingly supported smaller enterprises, with micro, small, and medium enterprises (MSMEs) securing 98 per cent of the total guarantees issued by number.
Approved by the Union Cabinet on May 5, 2026, the temporary credit facility aims to insulate domestic businesses from cash-flow disruptions triggered by the ongoing geopolitical situation in West Asia. By offering high-tier risk mitigation, the governmen...
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