New Delhi, May 23 -- New Delhi: In a move aimed at pushing manufacturing and exports, the Centre is exploring introducing an expanded version of the Emergency Credit Line Guarantee Scheme (ECLGS)-extending the pandemic-induced scheme amid the current uncertain global climate.

The proposal is part of a broader effort to ease financing for manufacturers, particularly those aligned with the Atmanirbhar Bharat scheme, four people familiar with the matter told Mint.

The plan includes enhancing credit flow to the collateral-free Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), that will offer bespoke loans for units approved under the production linked incentive (PLI) scheme.

It will also expand cluster-based financing t...