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What is the target fixed by the Centre, for the Emergency Credit Line Guarantee Scheme (ECLGS) for MSMEs?
A)
Rs 12 lakh Crore
B)
Rs 10 lakh Crore
C)
Rs 5 lakh Crore
D)
Rs 3 lakh Crore

Correct Answer :   Rs 3 lakh Crore


The Central government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) for Micro Small and Medium Enterprises (MSMEs) till November 30.
As per the Finance Ministry, Loans amounting Rs 2.03 lakh crore have been sanctioned under the ECLGS to over 60 lakh borrowers, where the target was fixed at Rs 3 lakh core. Out of the loans, an amount of Rs. 1.48 lakh crore has been disbursed.

Published On : July 19, 2021
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