ECLGS 5.0 Issues Rs 2.5 Lakh Crore in Credit Guarantees
India, Sept. 5 -- ECLGS 5.0 has issued 6,73,979 credit guarantees covering Rs 2,50,024 crore, according to an official factsheet. MSMEs accounted for 97.3% of guarantees by number, highlighting the scheme's major role in improving access to working capital and institutional credit for eligible businesses.
Key Highlights
ECLGS 5.0 issued 6,73,979 guarantees worth Rs 2,50,024 crore.
MSMEs accounted for 97.3% of guarantees by number.
The scheme aims to facilitate additional credit flow of up to Rs 2.55 lakh crore.
ECLGS 5.0 will remain operational until March 31, 2027, or until the limit is reached.
New Delhi, Sept 05 : ECLGS 5.0 has issued 6,73,979 guarantees covering a guaranteed amount of Rs 2,50,024 crore, according to an official fact...
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