 "credit, lending, loans, support, fiscal stimulus, money")
Most loans guaranteed by the government under the first phase of its flagship Emergency Credit Line Guarantee Scheme (ECLGS) went to the services sector, with loans guaranteed worth Rs 45,853 crore. This was followed by traders who sought loan guarantees under the scheme worth Rs 45,505 crore, out of the total Rs 1.98 trillion worth guarantees under ECLGS 1.0 announced in May last year.
As the economy started showing signs of recovery and the government announced ECLGS 2.0 in Nov 2020, the real estate sector availed most loan guarantees of Rs 8,183 crore followed by textiles and construction sector that
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