Last week, the Parliamentary Standing Committee on Industry made a case for extending the repayment period under the Emergency Credit Line Guarantee Scheme (ECLGS) up to seven to eight years, from the current three to four years. The scheme was rolled out in May 2020 as part of a relief package for micro, small, medium and small enterprises (MSMEs) at a time when they were reeling from stress caused by the pandemic.
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First Published: Mon, March 28 2022. 06:05 IST
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