Lok Sabha Question No. 1650 (UNSTARRED), answered on 2021-07-29
Subject: Emergency Credit Line Guarantee Scheme
Ministry: MICRO,SMALL AND MEDIUM ENTERPRISES
Asked by: Sunil Kumar Singh, Balak Nath

## GOVERNMENT OF INDIA MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES

## LOK SABHA UNSTARRED QUESTION NO.1650 TO BE ANSWERED ON 29.07.2021

## Emergency Credit Line Guarantee Scheme

1650.               SHRI  SUNIL KUMAR SINGH:

SHRI BALAK NATH:

Will the Minister of MICRO, SMALL AND MEDIUM ENTERPRISES be pleased to state:

- (a) the details of Emergency Credit Line Guarantee Scheme run by the Government;
- (b) the number of beneficiaries in different categories of Micro, Small and Medium Enterprises (MSMEs) under this scheme, State-wise;
- (c) whether the eligible and Covid  affected MSMEs have been given incentives under the above scheme and if so, the details thereof;
- (d) whether there is any proposal to provide exemption  from capital gains tax to the beneficiaries  of the above scheme in view of the impact of Covid; and
- (e) if so, the details thereof?

## ANSWER

## MINISTER OF MICRO, SMALL AND MEDIUM ENTERPRISES (SHRI NARAYAN RANE)

(a) to (c): Emergency Credit Line Guarantee Scheme (ECLGS) was announced as part of the Atma Nirbhar Bharat Package in 2020 with the objective to help businesses including MSMEs to meet their operational liabilities and resume businesses in view of  the  distress  caused  by  the  COVID-19  crisis,  by  providing  Member  Lending Institutions  100  percent  guarantee  against  any  losses  suffered  by  them  due  to  nonrepayment of the ECLGS funding by borrowers. The interest rate under the scheme was capped at 9.25  percent  for  Banks  and  Financial  Institutions  and  14  percent  for Non-Banking  Financial  Institutions.  The  overall  ceiling  initially  announced  for ECLGS was Rs 3 lakh crore which was subsequently enhanced to Rs 4.5 lakh  crore. The eligibility criteria for availing credit under ECLGS are:

-  For  ECLGS  1.0,  MSME  units,  Business  Enterprises,  Mudra  Borrower  and individual  loans  for  business  purpose  having  loan  outstanding  upto  Rs.50 crore and days past due upto 60 days as on 29.02.2020.

-  For  ECLGS  2.0,  Borrower  belonging  to  26  stressed  sectors  identified  by Kamath Committee & Healthcare sector having loan outstanding above Rs.50 crore and upto Rs.500 crore and days past due upto 60 days as on 29.02.2020.
-  For  ECLGS  3.0  Borrower  belonging  to  Hospitality,  Travel  &  Tourism, Leisure & Sporting and Civil Aviation sector having days past due upto 60 days as on 29.02.2020.
-  For ECLGS 4.0 Existing Hospitals/Nursing Homes/Clinics/Medical Colleges/units engaged in manufacturing of liquid oxygen, oxygen cylinders etc. having credit facility with a lending institution with days past due upto 90 days as on March 31, 2021.

The  number  of  guarantees  issued  under  this  scheme,  category-wise  and  statewise are at Annexure I and II respectively.

(d)  & (e): As informed by Ministry of Finance, Department of Revenue, no such proposal is under consideration.

****

## Annexure-I

Annexure-I referred to part (a) to (c) of the Lok Sabha Unstarred Question No. 1650 due for answer on 29.07.2021

| Sector-wise guarantees issued under ECLGS as on 2 nd July, 2021   | Sector-wise guarantees issued under ECLGS as on 2 nd July, 2021   | Sector-wise guarantees issued under ECLGS as on 2 nd July, 2021   |
|-------------------------------------------------------------------|-------------------------------------------------------------------|-------------------------------------------------------------------|
| Entity Type Wise Guarantee Issued                                 | Guarantee Nos.                                                    | Guarantee Amount (Cr)                                             |
| Micro                                                             | 10192105                                                          | 63524.57                                                          |
| Small                                                             | 464086                                                            | 63243.36                                                          |
| Medium                                                            | 258970                                                            | 39097.63                                                          |
| Other Business Enterprises                                        | 516680                                                            | 82906.96                                                          |
| Total                                                             | 11431841                                                          | 248772.52                                                         |
| Source- Department of Financial Services /NCGTC                   | Source- Department of Financial Services /NCGTC                   | Source- Department of Financial Services /NCGTC                   |

| Annexure-II                                                               | Annexure-II                                                               | Annexure-II                                                               | Annexure-II                                                               |
|---------------------------------------------------------------------------|---------------------------------------------------------------------------|---------------------------------------------------------------------------|---------------------------------------------------------------------------|
| 29.07.2021 State-wise guarantees issued under ECLGS as on 2 nd July, 2021 | 29.07.2021 State-wise guarantees issued under ECLGS as on 2 nd July, 2021 | 29.07.2021 State-wise guarantees issued under ECLGS as on 2 nd July, 2021 | 29.07.2021 State-wise guarantees issued under ECLGS as on 2 nd July, 2021 |
| SI. No.                                                                   | Name of State/UT                                                          | Number of guarantees issued                                               | Guarantee Amount (In Rs crore)                                            |
| 1                                                                         | Andaman &Nicobar                                                          | 1998                                                                      | 103.82                                                                    |
| 2                                                                         | Andhra Pradesh                                                            | 280195                                                                    | 8947.14                                                                   |
| 3                                                                         | Arunachal Pradesh                                                         | 2261                                                                      | 74.23                                                                     |
| 4                                                                         | Assam                                                                     | 540345                                                                    | 2792.03                                                                   |
| 5                                                                         | Bihar                                                                     | 799969                                                                    | 3981.21                                                                   |
| 6                                                                         | Chandigarh                                                                | 6444                                                                      | 909.88                                                                    |
| 7                                                                         | Chhattisgarh                                                              | 195666                                                                    | 4247.22                                                                   |
| 8                                                                         | Dadra &Nagar Haveli                                                       | 2111                                                                      | 301.97                                                                    |
| 9                                                                         | Daman &Diu                                                                | 926                                                                       | 128.04                                                                    |
| 10                                                                        | Delhi                                                                     | 98686                                                                     | 16131.91                                                                  |
| 11                                                                        | Goa                                                                       | 12127                                                                     | 951.95                                                                    |
| 12                                                                        | Gujarat                                                                   | 357208                                                                    | 23073.15                                                                  |
| 13                                                                        | Haryana                                                                   | 194444                                                                    | 11810.1                                                                   |
| 14                                                                        | Himachal Pradesh                                                          | 46906                                                                     | 1603.29                                                                   |
| 15                                                                        | Jammu &Kashmir                                                            | 66828                                                                     | 2009.71                                                                   |
| 16                                                                        | Jharkhand                                                                 | 289769                                                                    | 2747.85                                                                   |
| 17                                                                        | Karnataka                                                                 | 856920                                                                    | 16837.74                                                                  |
| 18                                                                        | Kerala                                                                    | 517451                                                                    | 8124.75                                                                   |
| 19                                                                        | Ladakh                                                                    | 1004                                                                      | 45.88                                                                     |
| 20                                                                        | Laksha Deep                                                               | 369                                                                       | 1.91                                                                      |
| 21                                                                        | Madhya Pradesh                                                            | 554995                                                                    | 7968.8                                                                    |
| 22                                                                        | Maharashtra                                                               | 985936                                                                    | 39976.98                                                                  |
| 23                                                                        | Manipur                                                                   | 10301                                                                     | 123.81                                                                    |
| 24                                                                        | Meghalaya                                                                 | 11075                                                                     | 208.47                                                                    |
| 25                                                                        | Mizoram                                                                   | 3738                                                                      | 55.46                                                                     |
| 26                                                                        | Nagaland                                                                  | 7410                                                                      | 68.64                                                                     |
| 27                                                                        | Orissa                                                                    | 925628                                                                    | 4722.31                                                                   |
| 28                                                                        | Pondicherry                                                               | 21266                                                                     | 452.11                                                                    |
| 29                                                                        | Punjab                                                                    | 199545                                                                    | 8091.61                                                                   |
| 30                                                                        | Rajasthan                                                                 | 533724                                                                    | 12830.82                                                                  |
| 31                                                                        | Sikkim                                                                    | 8201                                                                      | 97.19                                                                     |
| 32                                                                        | Tamilnadu                                                                 | 839374                                                                    | 26383.13                                                                  |
| 33                                                                        | Telangana                                                                 | 139888                                                                    | 10646.5                                                                   |
| 34                                                                        | Tripura                                                                   | 61360                                                                     | 249.43                                                                    |
| 35                                                                        | Uttar Pradesh                                                             | 788720                                                                    | 15539.88                                                                  |
| 36                                                                        | Uttrakhand                                                                | 70347                                                                     | 2149.54                                                                   |
| 37                                                                        | West Bengal                                                               | 1998706                                                                   | 14384.05                                                                  |
| Total                                                                     |                                                                           | 11431841                                                                  | 248772.5                                                                  |
| Source- Department of Financial Services/NCGTC                            | Source- Department of Financial Services/NCGTC                            | Source- Department of Financial Services/NCGTC                            | Source- Department of Financial Services/NCGTC                            |