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Economic revival: FM Sitharaman raises ECLGS scheme limit to Rs 4.5 trn

FM announces Rs 1.1 trillion loan guarantee scheme for Covid-affected sectors

msme, workers, jobs, labour, unemployment, companies, manufacturing, construction
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Press Trust of India
To help revival of the economy battered by COVID-19, Finance Minister Nirmala Sitharaman on Monday announced a slew of measures, including Rs 1.1 lakh crore (Rs 1.1 trillion) credit guarantee scheme for improving health infrastructure, and enhancing the limit under the ECLGS by 50 per cent to Rs 4.5 lakh crore for the MSME sector facing liquidity crunch.
 
Sharing the details of stimulus package, the finance minister said this comprises eight relief measures and other eight measures to support the economic growth.

She announced Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors, including health sector, which includes guarantee cover

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