<h1>Government Expands ECLGS to Aid COVID-19 Hit Businesses; Includes Loan Extensions, Oxygen Plant Loans, Aviation Sector Eligibility.</h1> The government has expanded the Emergency Credit Line Guarantee Scheme (ECLGS) to support businesses affected by COVID-19. ECLGS 4.0 offers 100% loan guarantees up to Rs. 2 crore for hospitals and medical facilities to set up oxygen plants, with an interest cap of 7.5%. Borrowers under ECLGS 1.0 can extend their loan tenure to five years. Additional assistance of up to 10% of outstanding loans is available, and the eligibility ceiling for ECLGS 3.0 has been removed, with certain limits. The civil aviation sector is now eligible, and the scheme's validity is extended to September 30, 2021, with disbursements allowed until December 31, 2021.