Question
Recently Union Finance Ministry allowed which sector to
avail of up to Rs 1,500 crore loan under the Emergency Credit Line Guarantee Scheme (ECLGS)?Solution
The Union Finance Ministry allowed airlines to avail of up to Rs 1,500 crore loan under the Emergency Credit Line Guarantee Scheme (ECLGS), to help them tide over their cash flow problems. Earlier, an airline could avail of a loan of not more than Rs 400 crore under the ECLGS. The Centre had in 2020 started the ECLGS to provide collateral-free and government-guaranteed loans to businesses affected by the Covid pandemic. 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.
Reserve Bank of India will issue new five-year government bonds (maturing in 2028) to raise about _____ in the first bond auction of the current financi...
The World Bank has slashed the economic growth forecast for India for 2023-24 (FY24) by 30 to _______.
Consider the statement below and answer the question that follows :
" Germany has recently granted India a license to purchase small arms from ...
How many approaches has Google incorporated to enhance image understanding and counter misinformation online?
How many international ports will India manage after expanding the India Ports Global initiative?
India and which of the following country signed a MoU on cultural cooperation signed for five years?
Former cricketer Ajay Jadeja was recently declared heir to which royal throne?
FTSE Russell will include South Korea’s bonds in which global index starting November 2025?
The National Council for Applied Economic Research (NCAER) predicts India's GDP growth for the fiscal year 2024-25 will exceed ______%.
Tarsame Singh Saini passed away recently, who was he?
