https://www.taxtmi.com/news?id=24158 The Cabinet approved a Loan Guarantee Scheme for Covid Affected Sectors to provide guarantee cover for brownfield expansion and greenfield health/medical infrastructure projects, mitigating construction and credit risk and facilitating bank lending at lower rates. It also approved additional corpus for the Emergency Credit Line Guarantee Scheme as a continuing targeted relief to incentivize lenders to extend low-cost credit to vulnerable businesses and MSMEs, with both schemes subject to specified applicability cut-offs and guarantee cover percentages to prioritize underserved locations. en-us Wed, 30 Jun 2021 16:55:59 +0530 Wed, 30 Jun 2021 16:55:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24158 The Cabinet approved a Loan Guarantee Scheme for Covid Affected Sectors to provide guarantee cover for brownfield expansion and greenfield health/medical infrastructure projects, mitigating construction and credit risk and facilitating bank lending at lower rates. It also approved additional corpus for the Emergency Credit Line Guarantee Scheme as a continuing targeted relief to incentivize lenders to extend low-cost credit to vulnerable businesses and MSMEs, with both schemes subject to specified applicability cut-offs and guarantee cover percentages to prioritize underserved locations. News - Wed, 30 Jun 2021 16:55:59 +0530 https://www.taxtmi.com/news?id=24158