Govt to extend Emergency Credit Line Guarantee Scheme to individuals now1 min read . Updated: 01 Aug 2020, 02:33 PM IST
- Individuals can avail themselves of ECLGS if they already had loans for business purposes and subject to condition that they fulfill eligibility criteria
- The finance ministry has increased the annual turnover ceiling of companies that could avail loans under the scheme to ₹250 crore from ₹100 crore at present
NEW DELHI: Finance minister Nirmala Sitharaman on Saturday allowed loans for larger MSMEs and professionals for business purposes within the ambit of Emergency Credit Line Guarantee Scheme (ECLGS).
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