Crisis Support Schemes

Government schemes for Crisis Support of MSMEs

1. Emergency Credit Line Guarantee Scheme (ECLGS)

A government-backed guarantee for additional working-capital/term loans (launched under Atmanirbhar package; multiple tranches). It gives collateral-free credit to MSMEs via banks/NBFCs.

A scheme to provide subordinate debt (loans to promoters to be infused as equity/quasi-equity) with partial government guarantee for MSMEs that are stressed or NPA (as per scheme conditions).

A Fund-of-Funds / equity infusion mechanism to provide growth capital to MSMEs with potential to scale; government commits seed portion to attract PE/VC.

Long-standing credit-guarantee trust that provides guarantee cover to lenders for collateral-free working capital / term loans to micro & small enterprises (scheme parameters periodically updated).

RBI-authorized electronic platforms (RXIL, M1xchange, Invoicemart) that let MSMEs sell/discount receivables to multiple financiers for quick cash.

Online portal for filing complaints under the MSME Development Act (delayed payments), and access to MSEFC mechanisms / ODR for settlement.

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Scheme Form