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Emergency Credit Line Guarantee Scheme Eclgs
Business  /  Published 06.10.22

ECLGS rules relaxed for airlines

Under the ECLGS, banks provide additional loans to existing borrowers without asking for extra collateral to help them cope with the liquidity crunch resulting from Covid curbs...
By Our Special Correspondent in New Delhi

Business  /  Published 23.09.22

SpiceJet pilots get 20% hike

Airline gets the first instalment of the ECLGS scheme and the management is working to raise an additional $200 million...
By Our Special Correspondent in New Delhi

Business  /  Published 03.09.22

Bailout funds for SpiceJet

Hit by high fuel prices and rupee depreciation, the budget carrier on Wednesday posted a net loss of Rs 789 crore for the June quarter...
By Our Bureau in New Delhi

Business  /  Published 02.02.22

60-lakh job challenge

While the economy has recovered from the pandemic, it has yet to reflect on the employment situation at the ground level...
By Bhabhesh Hazarika , N. R. Bhanumurthy

Business  /  Published 30.09.21

ECGC to get Rs 4400cr

Commerce minister Piyush Goyal said the funds would be pumped into the state-owned credit insurance provider over a five-year period from this fiscal to 2025-26 ...
By Our Special Correspondent in New Delhi

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Business  /  Published 26.06.21

Fresh stimulus on cards

According to sources, the package may be cleared next week as experts have forecast the third wave could hit the country in the middle of July...
By Our Special Correspondent in New Delhi

Business  /  Published 31.05.21

Credit boost to small borrowers

The extent of government support, however, remains restricted to the Rs 3 lakh crore in guarantees first promised under the scheme in May 2020...
By Our Bureau in Mumbai, New Delhi

Business  /  Published 01.04.21

Exporters peeved

The scheme was announced with effect from January 1, 2021 as it extended the existing foreign trade policy for six more months till September 30...
By Our Special Correspondent in New Delhi

Business  /  Published 13.11.20

Credit support scope widened

Finance minister Nirmala Sitharaman said ECLGS 1.0 has covered Rs 2-lakh-crore loans sanctioned so far by the banks...
By R. Suryamurthy in New Delhi

Business  /  Published 19.10.20

MSME loan relief till month-end

Sanctioned amount so far is only nearly 65% of the target...
By PTI in New Delhi


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