Search For "eclgs"
Export body FIEO seeks Emergency Credit Line Guarantee Scheme's extension
Updated : 2 years, 7 months ago IST
The scheme covered all sectors of the economy. It was introduced to provide 100 per cent guarantee coverage to banks and NBFCs to enable them to extend emerging credits to meet their working capital requirements.
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SpiceJet to bring back grounded planes, chairman tells employees on its 18
Updated : 3 years ago IST
SpiceJet has initiated the process of reviving its grounded planes with the USD 50 million funds received from the ECLGS scheme and from its internal cash accruals, chairman Ajay Singh told employees on the occasion of the airline's 18th anniversary, adding that the carrier will soon launch
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Geared up for expansion in operations, no question of filing insolvency: S
Updated : 3 years ago IST
SpiceJet has initiated the process of reviving its grounded fleet with the USD 50 million funds received by the airline from the government's Emergency Credit Line Guarantee Scheme (ECLGS) and internal cash accruals.
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SpiceJet to revive 25 grounded aircraft
Updated : 3 years ago IST
On Wednesday, it said funds for the revival will be drawn from the government's Emergency Credit Line Guarantee Scheme (ECLGS) and better cash accruals. The airline has already mobilised around Rs 400 crore towards getting its grounded fleet back in the air, which will further enhance its
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Credit growth to MSMEs high, over 30.5 pc on average in Jan-Nov 2022: Econ
Updated : 3 years, 3 months ago IST
CIBIL data also shows that ECLGS borrowers had lower non-performing asset rates than enterprises that were eligible for ECLGS but did not avail of it
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Centre's ECLG scheme saved 12 pc of outstanding MSME credit from slipping
Updated : 3 years, 4 months ago IST
The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part of Aatmanirbhar Bharat initiative to support eligible Micro, Small and Medium Enterprises (MSMEs) and business enterprises
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SpiceJet to receive around Rs 225 cr next week under credit guarantee sche
Updated : 3 years, 8 months ago IST
New Delhi [India] September 2 (ANI): Budget carrier SpiceJet will receive around Rs 225 crore next week as part of the Emergency Credit Line Guarantee Scheme (ECLGS) scheme, sources in the airline told ANI.
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Cabinet approves enhancement in ECLGS corpus, hospitality sector to get bo
Updated : 3 years, 9 months ago IST
New Delhi [India], August 17 (ANI): The Union Cabinet on Wednesday approved the enhancement in the limit of the Emergency Credit Line Guarantee Scheme (ECLGS) by Rs 50,000 crore to Rs 5 lakh crore, with the additional amount being earmarked exclusively for enterprises in hospitality and rel
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Emergency Credit Line Guarantee Scheme corpus increased by Rs 50,000 crore
Updated : 3 years, 9 months ago IST
New Delhi [India], August 17 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved a proposal to enhance the limit of the Emergency Credit Line Guarantee Scheme (ECLGS) by Rs 50,000 crore to Rs 5 lakh crore.
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Ixigo eyes mega IPO backed by Budget boost to rail infra & hospitality
Updated : 4 years, 3 months ago IST
New Delhi [India], February 5 (ANI/PNN): As the startup IPO boom is set to continue in 2022, travel tech major Ixigo is eyeing a robust stock market debut on the back of a forward-looking and infrastructure focussed Union Budget for FY23.
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"Union Budget 2022-23 positive and growth oriented", Chairman, TEXPROCIL
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], February 2 (ANI/NewsVoir): The Union Budget for 2022-23 has extended the Emergency Credit Line Guarantee scheme (ECLGS) up to March 2023 and its cover will be expanded by Rs. 50000 crore to total cover of Rs. 5 lakh crore. "This is a very positive step as it wil
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Union Budget gives booster dose to India's export sector
Updated : 4 years, 3 months ago IST
New Delhi [India], February 1 (ANI): The Budget has given a booster dose to India's export sector which has never had it so good - riding high on a 38.91 percent surge in December to reach USD 37.81 billion - the highest - ever monthly figure - and putting India well on track to achieve the
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