Question
RecentlyThe Emergency Credit Line Guarantee Scheme
(ECLGS) was extended with expanded guarantee cover of _______ amount?Solution
Finance Minister Nirmala Sitharaman announced in her budget presentation that The Emergency Credit Line Guarantee Scheme (ECLGS) would be extended to cover the next fiscal as well, with expanded guarantee cover of Rs 5 lakh crore. An additional guarantee amount of Rs 50,000 crore has been announced for the hospitality sector.
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