Over Rs 1.55 lakh crore guarantee cover issued under ECLGS 5.0: Finance Ministry 
News Updates

Over Rs 1.55 lakh crore guarantee cover issued under ECLGS 5.0: Finance Ministry

The ECLGS 5.0 has crossed 4.11 lakh guarantees to businesses affected by the West Asia geopolitical situation, with the guaranteed amount reaching over Rs 1.55 lakh crore, the Ministry of Finance said on Tuesday

PSU Watch Bureau

New Delhi: The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has crossed 4.11 lakh guarantees to businesses affected by the West Asia geopolitical situation, with the guaranteed amount reaching over Rs 1.55 lakh crore, the Ministry of Finance said on Tuesday.

Follow The PSUWatch Channel on WhatsApp

The scheme has benefited India's small businesses with 98 percent of the total number of guarantees and 82 per cent of the total guaranteed amount going to MSMEs.

"Since launch, 4,11,497 guarantees have been issued under ECLGS 5.0, with the guaranteed amount reaching Rs 1,55,229 crore — a sign of the scheme's rapid absorption across the lending ecosystem," the ministry said in a statement.

Follow PSU Watch on LinkedIN

The ECLGS 5.0 was approved by the Union Cabinet on May 5, 2026. The scheme aims to infuse additional credit of Rs 2.55 lakh crore to existing borrowers to tide over the liquidity challenges arising due to the West Asia crisis.

As the scheme evolves and outreach expands, it is expected to further strengthen liquidity support for businesses, including MSMEs and enable entrepreneurs to meet their liquidity needs in times of external challenges, the ministry added.

(PSU Watch is India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy. 👉 Click to join our channel now: PSUWatch WhatsApp Channel. Prefer LinkedIn? Follow PSU Watch on LinkedIN. Click to stay connected on Twitter here and stay updated)

Finland courts Indian circular economy partners ahead of Gandhinagar WCEF

India's crude oil import bill jumps 56.5% to $63.4 bn in April-July as volumes stay flat

PM Modi assures support to space startups, urges them to develop solutions for everyday needs

Bengaluru Airport: AERA slashes user development fee to Rs 300 for domestic passengers

Govt says 29 FDI proposals worth Rs 4,895.65 crore reported after easing 10% Chinese stake rule