• SENSEX
    NIFTY 50
VIDEOS
Business

Government notifies guidelines for Rs 3 lakh crore ECLGS 2.0: Here's all you need to know

Updated : November 26, 2020 05:19 PM IST

The Narendra Modi government on Thursday has formally notified the operational guidelines that will govern the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector.

Earlier, the government had widened the scope of the scheme to include mid-sized companies in the 26 stressed sectors identified by the RBI-constituted K.V. Kamath committee.

The scheme will stay in effect till March 31 2021, or till Rs 3 lakh crore allocated to this scheme is used up - whichever, comes first.

CNBC-TV18's Ritu Singh reports on the key highlights of the scheme.

Watch the video for more.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you

Advertisement