 | Loan guarantee to focus on hospitality sector to achieve pre-pandemic level of business'The hospitality and MSME segments are yet to reach the pre-pandemic level of business,' Finance Minister Nirmala Sitharaman said in her Union Budget speech. |
 | Kept inflation in check; added schemes for job creation: Finance MinisterFinance minister Nirmala Sitharaman on Tuesday said that we have controlled the inflation better than the previous government and never let it touch the double digit. |
 | Extension of emergency credit guarantee scheme to ensure availability of credit to MSMEs: ExpertsThe extension of the Emergency Credit Line Guarantee Scheme could help the hospitality and related services, that are yet to regain their pre-pandemic level of business. |
 | Loan guarantee scheme saved 13.5 lakh MSMEs, 1.5 crore jobs: SBIOf the 13.5 lakh MSME accounts that are saved, almost 93.7% are in micro and small category, 48% belong to the micro category and nearly 46% are the small borrowers. |
 | Emergency Credit Line Guarantee Scheme saved 13.5 lakh firms, 1.5 crore jobs: ReportThe SBI Research report claimed that MSME loan accounts worth Rs 1.8 lakh crore were saved from slipping into NPA during the period. |
 | Rs 2.82 lakh crore disbursed under Emergency Credit Line Guarantee Scheme: Centre in Lok SabhaFirst tranche yet to be used; 1.5 L cr added to emergency loan guarantee scheme in June |
 | Union Government widens scope of ECLGS, extends scheme deadline till MarchFinance Ministry in May expanded the scope of the Rs 3 lakh crore Emergency Credit Line Guarantee Scheme by including concessional loans to hospitals for setting up on-site oxygen generation plants. |
 | Slump in Industrial loans drags overall credit growthThe share of these industries makes up for 80.5% in the total outstanding credit to industry. |
