Banks sanction loans worth Rs 3.1 lakh crore to MSMEs under ECLGS: Nirmala Sitharaman : Rashtra News
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“Those MSMEs who still wants to benefit out of it are welcome to use it… the amount of loan sanctioned under the ECLGS is Rs 3.1 lakh crore and guarantee space is still Rs 1.4 lakh crore,” she said in her 100-minute reply to the discussion on Union Budget 2022-23 in Lok Sabha.
As much as Rs 2.36 lakh crore have been disbursed to MSMEs, she said.
She also said that PM Mudra Yojana has created 1.2 crore additional employment since its launch in 2015.
With regard to employment, she said, urban unemployment has declined to pre-pandemic levels due to various efforts of the government.
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( News Source :Except for the headline, this story has not been edited by Rashtra News staff and is published from a economictimes.indiatimes.com feed.)
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