A working Capital Term Loan Guaranteed by Government of India to support COVID-19 affected eligible Business Enterprises / MSMEs.
Govt. of India through National Credit Guarantee Trust Company Ltd. has introduced the Emergency Credit Line Guarantee Scheme (ECLGS) for providing 100% guarantee coverage for additional working capital term loans up to 20% of the entire outstanding credit up to ₹ 25.00 crore as on February 29, 2020 i.e loan amount of ₹ 5.00 crore.