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MSME units from Maharashtra availed maximum loans under ECLGS: Minister

The government on Saturday said MSME units from Maharashtra availed maximum loans under the Emergency Credit Line Guarantee Scheme (ECLGS) as on September 16

MSME | Maharashtra | loans

Press Trust of India  |  New Delhi 

Imaging: Ajay Mohanty

The government on Saturday said units from availed maximum under the Emergency Credit Line Guarantee Scheme (ECLGS) as on September 16.

In a written reply to the Rajya Sabha, Minister of State for MSMEs Pratap Chandra Sarangi said worth Rs 14,364.30 crore were disbursed to units in as on September 16.

It was followed by Tamil Nadu (Rs 12,445.58 crore), Gujarat (Rs 12,005.92 crore) and Uttar Pradesh (Rs 8,907.38 crore).

The scheme is the biggest fiscal component of the Rs 20-lakh crore Self-Reliant India Mission package announced by the government.

In a separate reply, he said the Department of Financial Services has reported that as on September 9, an amount of Rs 1,63,103 crore was sanctioned to 42,01,060 borrowers and Rs 1,17,885 crore disbursed to 25,01,216 borrowers under the scheme.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Sat, September 19 2020. 20:24 IST