Public, private sector banks disburse loans worth Rs 1.42 trn under ECLGS

Public and private sector banks have disbursed loans worth over Rs 1.42 trillion under the Emergency Credit Line Guarantee Scheme (ECLGS).

About Rs 1.98-trillion loans have been sanctioned by the banks to MSMEs, Parliament was informed. The government had allocated Rs 4,000 crore as assistance to National Credit Guarantee Trustee Company for 2020-21, and the expenditure has been Rs 4,000 crore as of January 22, MoS Finance Anurag Thakur said. Under the Aatmanirbhar Bharat package, the government has provided 274,000 metric tonne of foodgrains to 54.8 million migrants and 16,751 metric tonne channa to 16.7 million migrants through state and union