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MSME Emergency Credit Line (ECLGS)

Government of India · ongoing · since 2020

MSME Emergency Credit Line (ECLGS) is a Government of India scheme dating from 2020; its current status is ongoing. Emergency Credit Line Guarantee Scheme provided 100% guaranteed, collateral-free working capital loans to MSMEs, microfinance institutions, and businesses hit by COVID-19.

↗ Official source — ncgtc.in

Status
ongoing
Started
2020
Budget / outlay
₹5 lakh crore (ECLGS total credit guarantee; scheme extended multiple times)
Reach
Govt. reported: 1.19 crore guarantees worth ₹3.68 lakh crore issued under ECLGS 1.0–4.0 (closed 31 Mar 2023); ECLGS 5.0 approved 5 May 2026 to enable up to ₹2.55 lakh crore additional credit · PIB Sep 2026
Target
ECLGS 5.0 open until 31 Mar 2027 or until ₹2.55 lakh crore of guarantees are issued, whichever is earlier
Run by
Government of India
Official source
ncgtc.in
Last verified
Sep 2026

Projects & Initiatives 1 ongoing

MSME Emergency Credit Line (ECLGS)
Ongoing
Budget₹5 lakh crore (ECLGS total credit guarantee; scheme extended multiple times)
ReachGovt. reported: 1.19 crore guarantees worth ₹3.68 lakh crore issued under ECLGS 1.0–4.0 (closed 31 Mar 2023); ECLGS 5.0 approved 5 May 2026 to enable up to ₹2.55 lakh crore additional credit · PIB Sep 2026
TargetECLGS 5.0 open until 31 Mar 2027 or until ₹2.55 lakh crore of guarantees are issued, whichever is earlier
Since 2020 · Emergency Credit Line Guarantee Scheme provided 100% guaranteed, collateral-free working capital loans to MSMEs, microfinance institutions, and businesses hit by COVID-19.

Frequently asked questions

What is MSME Emergency Credit Line (ECLGS)?

Emergency Credit Line Guarantee Scheme provided 100% guaranteed, collateral-free working capital loans to MSMEs, microfinance institutions, and businesses hit by COVID-19.

What is the official website of MSME Emergency Credit Line (ECLGS)?

The official source for MSME Emergency Credit Line (ECLGS) is ncgtc.in.

When did MSME Emergency Credit Line (ECLGS) start?

MSME Emergency Credit Line (ECLGS) dates from 2020.

What is the current status of MSME Emergency Credit Line (ECLGS)?

MSME Emergency Credit Line (ECLGS) is ongoing, with a target of ECLGS 5.0 open until 31 Mar 2027 or until ₹2.55 lakh crore of guarantees are issued, whichever is earlier.

What is the budget of MSME Emergency Credit Line (ECLGS)?

₹5 lakh crore (ECLGS total credit guarantee; scheme extended multiple times)

How many people has MSME Emergency Credit Line (ECLGS) reached?

Govt. reported: 1.19 crore guarantees worth ₹3.68 lakh crore issued under ECLGS 1.0–4.0 (closed 31 Mar 2023); ECLGS 5.0 approved 5 May 2026 to enable up to ₹2.55 lakh crore additional credit · PIB Sep 2026

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