ECLGS 5.0 mobilises Rs 1.55 lakh crore guaranteed amount; MSMEs secure 98% of guarantees

New Delhi [India], July 7 (ANI): The recently launched Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has rapidly deployed critical liquidity across the Indian business ecosystem, recording over 4.11 lakh guarantees with the total guaranteed amount surging past Rs 1.55 lakh crore. According to the Ministry of Finance, the intervention has overwhelmingly supported smaller enterprises, with micro, small, and me