New Delhi, June 1 -- The government's Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has received approximately 20,000 applications from micro, small and medium enterprises (MSMEs) since its launch, with the full allocated amount of Rs 25,000 crore already processed, a senior Finance Ministry official confirmed.

ECLGS 5.0: Strong Uptake from MSMEs

"We received around 20,000 applications, all from MSMEs, till this morning, and processed the required amount of Rs 25,000 crore. The scheme has been received very well," the official was quoted in a media report.

The official added that no applications from airlines had been received so far, despite the sector being eligible.

Under ECLGS 5.0, the government offers 100 per cent credit gu...