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Eclgs

SpiceJet

SpiceJet Shares Spike On Report Of Rs 1,000 Crore Government Loan 

The Indian budget carrier is likely to receive this additional loan of Rs 1,000 crore under the recent modifications in government’s Emergency Credit Line Guarantee Scheme (ECLGS).

06 October 2022

Indian Rupee

What Is Emergency Credit Line Guarantee Scheme In Which Government Has Infused Additional Rs 50,000 Crore  

The ECLGS was announced in May 2020 in wake of the outbreak of COVID-19 to help various sectors, especially in the MSME segment, to get credit at a concessional rate of 7 per cent.

18 August 2022

Source: Shutterstock

Govt Approves Rs 50,000 Crore Under ECLGS To Hospitality Sector

The increase has been done on account of the severe disruptions suffered by hospitality and related enterprises due to the pandemic

17 August 2022

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