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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.
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