Category: BIZZ BUZZ

ECLGS was announced as part of the Atmanirbhar Bharat package in May 2020 with the objective to help businesses including MSMEs to meet their operational liabilities and resume businesses in view of the distress caused by the Covid-19 crisis, by providing banks, 100 per cent guarantee against any losses suffered by them due to non-repayment …

22 July 2021 | Kumud Das | Mumbai There are only a few takers of the Emergency Credit Line Guarantee Scheme (ECLG Scheme) from the MSME sector across India so far. Hence, the Federation of Indian SME Associations has demanded that the Centre should ask banks to be liberal when it comes to finance MSMEs. …