https://www.taxtmi.com/news?id=73280 The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 provides credit guarantee support to extend additional liquidity to existing borrowers facing pressures arising from the West Asia crisis. It offers 100% guarantee coverage for the MSME sector and 90% coverage for the non-MSME sector, encouraging lending institutions to extend credit under the government-backed framework. The reported coverage has crossed 1 lakh guarantees, with the MSME sector and Public Sector Banks accounting for the bulk of the issuance. en-us Wed, 10 Jun 2026 18:26:49 +0530 Wed, 10 Jun 2026 18:26:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73280 The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 provides credit guarantee support to extend additional liquidity to existing borrowers facing pressures arising from the West Asia crisis. It offers 100% guarantee coverage for the MSME sector and 90% coverage for the non-MSME sector, encouraging lending institutions to extend credit under the government-backed framework. The reported coverage has crossed 1 lakh guarantees, with the MSME sector and Public Sector Banks accounting for the bulk of the issuance. News - Wed, 10 Jun 2026 18:26:49 +0530 https://www.taxtmi.com/news?id=73280