Govt open to more changes in ECLGS to support small business, individuals
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NEW DELHI, Aug. 25 -- Finance minister Nirmala Sitharaman on Tuesday said the government is open to more changes in the recently announced emergency credit linked guarantee scheme for stressed micro, small and medium enterprises (MSMEs).
"The Rs.3 Lakh Crore scheme is open for professionals now and the government is open to more tweaking, changes, if required," the Confederation of Indian Industries (CII) said in tweet quoting Sitharaman.
The finance ministry had recently expanded the scope of the government-backed, collateral-free Rs.3 trillion emergency credit line guarantee scheme (ECLGS) for stressed micro, small and medium enterprises (MSMEs). The scheme is now open for professionals. The government is open to making more changes, ...
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