Quick Summary
Finance Minister announces measures on AatmaNirbhar Bharat 3.0 A new Scheme Aatmanirbhar Bharat Rozgar Yojana launched Emergency Credit Line Guarantee Scheme for MSMEs, businesses, MUDRA borrowers and individuals extended till March 31, 2021 and additional credit up to 20% Production Linked
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FAQ :
The Emergency Credit Line Guarantee Scheme is a government initiative designed to provide financial support to MSMEs, businesses, MUDRA borrowers, and individuals.
The scheme has been extended until March 31, 2021.
The scheme is available for MSMEs, businesses, MUDRA borrowers, and individuals for business purposes.
ECLGS 2.0 is a new version of the scheme being launched for the healthcare sector and 26 other stressed sectors.
Entities can receive additional credit up to 20% of their outstanding credit, with a tenor of five years, including a one-year moratorium on principal repayment.
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