ECLGS 5.0 guarantees cross 1 lakh, worth ₹48,484.26 crore
On 10 June 2026, the Finance Ministry said guarantees under ECLGS 5.0 had crossed 1 lakh (1,06,549 worth ₹48,484.26 crore as on 9 June), with 96% by number going to MSMEs.
Summary
The Ministry of Finance said on 10 June 2026 that guarantees issued under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 had crossed the 1 lakh mark, reaching 1,06,549 worth ₹48,484.26 crore as on 9 June 2026. MSMEs account for 96% of guarantees by number and 86% by amount, and public sector banks for 96% of guarantees. ECLGS 5.0, approved by the Union Cabinet on 5 May 2026, gives 100% guarantee cover for MSME loans and 90% for non-MSME loans, and aims to infuse additional credit of ₹2,55,000 crore to existing borrowers.
Key facts
- Guarantees (9 June 2026)
- 1,06,549 worth ₹48,484.26 crore
- MSME share
- 96% by number, 86% by amount
- PSB share
- 96% of guarantees
- Approved
- Union Cabinet, 5 May 2026
- Cover
- 100% for MSME, 90% for non-MSME
- Target
- ₹2,55,000 crore additional credit
Practice MCQs 2 questions
As on 9 June 2026, what was the total amount of guarantees issued under ECLGS 5.0?
Show answer
Correct answer: A — ₹48,484.26 crore
1,06,549 guarantees worth ₹48,484.26 crore had been issued; ₹2,55,000 crore is the scheme's target for additional credit.
Consider the following statements about ECLGS 5.0: 1. It was approved by the Union Cabinet on 5 May 2026. 2. It provides 100% guarantee cover to MSME loans and 90% to non-MSME loans. 3. Private sector banks account for most of the guarantees issued. Which of the statements given above is/are correct?
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Correct answer: D — 1 and 2 only
Statements 1 and 2 are correct. Statement 3 is wrong: public sector banks account for 96% of the guarantees.