The Union government’s Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has issued more than 4.11 lakh guarantees to businesses affected by the West Asia geopolitical situation, with the guaranteed value crossing Rs 1.55 lakh crore, the Finance Ministry says. According to the ministry, 4,11,497 guarantees have been issued under the scheme since its launch, with the guaranteed amount reported as Rs 1,55,229 crore. The data show that MSMEs receive the majority of support: by number of beneficiaries, MSMEs account for 98% of the guarantees, while they account for 82% of the total guaranteed amount. Multiple outlets report that the scheme is approved by the Union Cabinet on May 5, 2026. ECLGS 5.0 is designed to provide additional liquidity support by enabling more credit to existing eligible borrowers. The scheme’s stated goal is to facilitate additional credit of Rs 2.55 lakh crore, aimed at helping businesses manage liquidity constraints linked to the regional crisis. The ministry also indicates the scheme’s outreach is expanding through the banking and lending ecosystem, and that its role is expected to grow as adoption increases.
ECLGS 5.0 issues over 4.11 lakh guarantees worth Rs 1.55 lakh crore
The Union government’s Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has issued more than 4.11 lakh guarantees to businesses affected by the West Asia geopolitical situation, with the guaranteed...
- ECLGS 5.0 has issued 4,11,497 guarantees, crossing 4.11 lakh.
- The guaranteed value under ECLGS 5.0 exceeds Rs 1.55 lakh crore (Rs 1,55,229 crore reported).
- MSMEs account for 98% of guarantees by number and 82% of the guaranteed amount.
- The Union Cabinet approves ECLGS 5.0 on May 5, 2026.
- The scheme aims to facilitate additional credit of Rs 2.55 lakh crore to eligible borrowers.
The scheme has benefited India's small businesses with 98 per cent of the total number of guarantees and 82 per cent of the total guaranteed amount going to MSMEs: The Union finance ministry
1 month agoThe finance ministry said over 140,000 guarantees worth more than Rs 1.55 trillion have been issued under ECLGS 5.0, with MSMEs accounting for the overwhelming majority of beneficiaries
1 month agoThe scheme has benefited India's small businesses with 98% of the total number of guarantees and 82% of the total guaranteed amount going to MSMEs
1 month agoFinance Ministry says over 4.11 lakh guarantees have been issued under ECLGS 5.0, with MSMEs accounting for 98% of beneficiaries by number.
1 month agoThe Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has crossed 4.11 lakh guarantees to businesses affected by the West Asia geopolitical situation, with the guaranteed amount reaching over Rs 1.55 lakh crore, the finance ministry said on Tuesday. The scheme has benefited India's small businesses with 98 per cent of the total number of guarantees and 82 per cent of the total guaranteed amount going to MSMEs. "Since launch, 4,11,497 guarantees have been issued under ECLGS 5.0, with the guaranteed amount reaching Rs 1,55,229 crore - a sign of the scheme's rapid absorption across the lending ecosystem," the ministry said in a statement. The ECLGS 5.0 was approved by the Union Cabinet on May 5, 2026. The scheme aims to infuse additional credit of Rs 2.55 lakh crore to existing borrowers to tide over the liquidity challenges arising due to the West Asia crisis. As the scheme evolves and outreach expands, it is expected to further strengthen liquidity support for businesses, including
1 month agoThe government's Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has issued more than 4.11 lakh guarantees worth over Rs 1.55 lakh crore to businesses impacted by the West Asia geopolitical crisis, with micro, small and medium enterprises (MSMEs) accounting for the overwhelming majority of beneficiaries.According to the Finance Ministry, the scheme has witnessed rapid adoption across the banking and lending ecosystem since its launch, with MSMEs receiving 98 per cent of the total guarantees issued and 82 per cent of the overall guaranteed amount.Also Read: Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisis"Since launch, 4,11,497 guarantees have been issued under ECLGS 5.0, with the guaranteed amount reaching Rs 1,55,229 crore - a sign of the scheme's rapid absorption across the lending ecosystem," the ministry said in a statement.The Union Cabinet approved ECLGS 5.0 on May 5, 2026, to provide additional liquidity support to businesses grappling with disruptions caused by the geopolitical situation in West Asia.The scheme aims to facilitate additional credit of Rs 2.55 lakh crore to existing eligible borrowers, helping them address liquidity constraints arising from the regional crisis.The ministry said the scheme is expected to play a bigger role as its reach expands."As the scheme evolves and outreach expands, it is expected to further strengthen liquidity support for businesses, including MSMEs and enable entrepreneurs to meet their liquidity needs in times of external challenges," it added.
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