The 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 affected by the West Asia geopolitical situation, according to the Finance Ministry. The ministry says 4,11,497 guarantees have been issued since the scheme’s launch, with the guaranteed amount reaching Rs 1,55,229 crore. Coverage under the scheme is heavily focused on micro, small and medium enterprises (MSMEs). By number, MSMEs account for 98% of the guarantees, while they receive 82% of the total guaranteed amount. Reports also note that the scheme is seeing rapid adoption across the banking and lending ecosystem. ECLGS 5.0 was approved by the Union Cabinet on May 5, 2026. The scheme is intended to facilitate additional credit of Rs 2.55 lakh crore to eligible existing borrowers facing liquidity constraints linked to the regional crisis. The Finance Ministry says the scheme is expected to play a growing role as outreach and implementation expand, aiming to further strengthen liquidity support for businesses, including MSMEs.
ECLGS 5.0 issues 4.11 lakh guarantees worth over Rs 1.55 lakh crore
The 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 affected by the West Asia geopolitical situati...
- ECLGS 5.0 has issued 4,11,497 guarantees (over 4.11 lakh).
- The total guaranteed amount under ECLGS 5.0 is Rs 1,55,229 crore (over Rs 1.55 lakh crore).
- MSMEs receive 98% of guarantees by number and 82% of the guaranteed amount.
- The Union Cabinet approves ECLGS 5.0 on May 5, 2026.
- The scheme targets additional credit of Rs 2.55 lakh crore to eligible borrowers affected by the West Asia crisis.
The 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 hour 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 hour 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 hour 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.
2 hours ago
NATO chief Mark Rutte meets Trump in Washington ahead of July summit
NATO Secretary-General Mark Rutte visits Washington to hold face-to-face talks with President Donald Trump, as NATO prep...
Duterte-aligned lawyers ask Supreme Court to stop Escudero from presiding impeachment trial
A group of lawyers allied with the Duterte family files a petition before the Supreme Court challenging Sen. Francis “Ch...
DMK-TVK dispute after minister’s comment to school student draws criticism
A controversy in Tamil Nadu follows an interaction involving DMK minister Keerthana Sampath and a government school stud...