Around 10.9 million MSME
borrowers gets guarantee support under ECLGS
1.09 crore MSME borrowers have been provided with guarantee support amounting
to Rs 1.65 lakh crore as of July 2 this year under the Emergency Credit Line
Guarantee Scheme (ECLGS), Parliament was informed on Monday.
scheme is part of the Aatmanirbhar Bharat Abhiyaan package announced by the
government to mitigate the distress caused by the lockdown due to COVID-19 by
providing credit to different sectors, especially MSMEs.
part of the Aatma Nirbhar Bharat Abhiyaan, under the ECLGS, around 1.09 crore MSME
borrowers have been provided with guarantee support amounting to Rs 1.65 lakh
crore as on July 2, 2021," MSME Minister Narayan Rane said in a written
reply to the Rajya Sabha.
another reply, he also said that as of July 2, 2021, an amount of Rs 2.73 lakh
crore has been sanctioned under the scheme, of which Rs 2.14 lakh crore has