According to the SBI Research report on ECLGS:

The scheme has saved 13.5 lakh firms from going bankrupt and consequently 1.5 crore jobs.

In absolute terms, MSME loan accounts worth Rs 1.8 lakh crore were saved.

Almost 93.7 per cent of such accounts are in the micro and small category.

Amongst the states, Gujarat has been the biggest beneficiary, followed by Maharashtra, Tamil Nadu and Uttar Pradesh.


#ECLGS #emergencycreditline #thehinduanalysis #upscias #CreditLine

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