After numrous press confrences of self reliant india, economic stimulas packages announced. One major portion of this is, to enabl the flow of fund to MSME by Emergency Credit Line Guarantee Scheme- ECLGS.The Scheme is a specific response to the unprecedented situation COVID-19. It seeks to provide
much needed relief to the MSME sector by incentivizing MLIs to provide additional credit of up to Rs. 3 lakh crore at low cost, thereby enabling MSMEs to meet their operational liabilities and
restart their businesses.
