Government extends ECLGS Scheme till 31.03.2022

The Government of India has extended the timeline of the Emergency Credit Line Guarantee Scheme (ECLGS) till 31.03.2022 or the scope of the Rs 4.5 Lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) has been widened with a purpose to support the Covid pandemic hit MSME sector. Which is severely facing the liquidity issue.

The last date of disbursement under the scheme has also been extended to 30.06.2022. ECLGS is managed by National Credit Guarantee Trustee Company Ltd (NCGTC).