India, Sept. 5 -- The Government of India has issued a release:
The ECLGS 5.0 provides targeted credit guarantee support to businesses affected by external disruptions. Implemented by the National Credit Guarantee Trustee Company, the scheme enables eligible lending institutions to extend additional working capital with reduced credit risk. It supports MSMEs, eligible non-MSME businesses and scheduled passenger airlines through government-backed guarantees. Building on the earlier phases of ECLGS introduced during the COVID-19 pandemic, the scheme strengthens access to institutional credit while supporting business continuity. Extensive outreach, digital access through the Jan Samarth Portal and participation of banks and financial institu...