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ECLGS Scheme: Eligibility, Benefits, and Application Process

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The Covid-19 pandemic significantly impacted almost every industry, especially small and medium-sized enterprises (SMEs). To help MSMEs recover from the financial bash, the Indian Government launched the Emergency Credit Line Guarantee Scheme (ECLGS). The INR 20,00,000 crore economic package was announced by the Indian Finance Ministry and Financial Services Department on February 29, 2020. In this article, we will discuss the eclgs , its benefits, eligibility and application process.