 "loans, aum, assets, banks, investment, shares, stocks, funds")
The Finance Ministry on Tuesday said banks have sanctioned loans of about Rs 1,37,586 crore under the Rs 3-trillion Emergency Credit Line Guarantee Scheme (ECLGS) for MSME sector, hit hard by the economic slowdown due to Covid-19 pandemic.
However, disbursements against this stood at Rs 92,090.24 crore till August 3 under the 100 per cent ECLGS for micro, small and medium enterprises (MSMEs).
The scheme is the biggest fiscal component of the Rs 20-trillion Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman in May.
The latest numbers on the ECLGS, as released by the Finance Ministry, include disbursements
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