The government is unlikely to extend the Rs 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) from October 30 to the MSME (micro, small and medium enterprises) sector. However the loan amount so far passed under ECLGS is around 65 percent. That is, out of Rs 3 lakh crore, only 65 percent loan has been approved so far. Therefore, if you want to take a loan under ECLGS, then you must apply by October 30. The scheme aims to provide financial support to businesses. Among them, especially the MSME…
MSME: Need a Loan, Then Apply Immediately
