International · India
India Extends Credit Guarantee Scheme to Businesses Affected by West Asia Crisis
The Indian government has extended credit support to businesses affected by the ongoing geopolitical tensions in West Asia through the ECLGS 5.0 scheme, providing ₹1,280 crore to enterprises including MSMEs. The latest version of the scheme aims to help businesses facing temporary liquidity stress. The government-backed credit guarantees are being provided through banks and financial institutions.
How outlets across the spectrum covered it
Left 1 · Centre 2 · Right 0 n = 3
- Left (1): The Hindu
- Centre (2): Mint, The Free Press Journal