 "A medical worker at a makeshift healthcare facility for Covid-19 patients in Delhi on January 18, 2022. (PTI Photo/Kamal Singh)")
The Centre will extend the credit guarantee scheme for building healthcare and medical infrastructure by three months to June 2022.
Urging the industry to avail Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS) at the earliest, Finance Secretary TV Somanathan said the scheme will be extended by another three months to June 2022.
The LGSCAS provides a guarantee of 50 per cent for brownfield projects and 75 per cent to greenfield projects for loans sanctioned up to Rs 100 crore to set up facilities at urban or rural locations. The guarantee cover for both brownfield expansion and greenfield projects in aspirational districts
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