Loan Guarantee Scheme for COVID Affected Sectors

Union Cabinet

Cabinet approves Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS)

On account of the disruptions caused by the second wave of COVID 19 specially on healthcare sector, the Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS) enabling funding to the tune of Rs. 50,000 crore to provide financial guarantee cover for brownfield expansion …

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NIRMALA SITHARAMAN

Announcements By Finance Minister: Economic Package for Travel Sector and Tourism

Reviving Tourism:- Under new Loan Guarantee Scheme for COVID Affected Sectors, working capital/personal loans will be provided to people in the tourism sector to discharge liabilities and restart businesses impacted due to Covid-19. The scheme will cover: 10,700 regional level tourist guides recognized by the Ministry of Tourism and tourist guides recognized by the State …

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