The Union Cabinet approved a proposal to increase the limit of the Emergency Credit Line Guarantee Scheme (ECLGS) by Rs. 50,000 crore to Rs. 5 trillion from 4.5 trillion. The additional amount is being earmarked for entities in hospitality and related sectors for its recovery and growth alongside other sectors of the economy. This year’s budget had announced an extension of the ECLGS till March 2023, and expansion of the guarantee cover by Rs. 50,000. Loans of about Rs. 3.67 trillion have also been sanctioned under the scheme as of August 5, 2022. Learn Along: ECLGS was rolled out in May 2020 as part of the Centre’s Aatmanirbhar package in response to the Covid-19 crisis. The objective was to support small businesses struggling to meet their operational liabilities due to the imposition of a nationwide lockdown.
The Asian Development Bank (ADB) announced a ____ financial support for the food security of the Asia Pacific region ?
Recently IRDAI has formed task force of 9 members for the non-life insurance industry, who is the head of this task force?
Which of the following statements about Swami Prasad Maurya's new political party is/are correct?
1. Swami Prasad Maurya resigned from the Samajw...
Recently which of the following ministry launched the integration of the Udyam registration with the government’s jobs portal National Career Serv...
What is the authorized capital of CCIL IFSC?
Which classical dance was inspired by the Gotipua dance tradition?
Ecuador’s President Guillermo Lasso announced a 60-day state of emergency in response to a wave of violent crime. What is the capital of Ecuador?
Which Indian scheme aims to support individual financing for rural women entrepreneurs?
Which team won the Women's Junior Hockey Asia Cup 2023 title?
What is the projected global increase in CO ₂ emissions for 2024?