Rs 1.25 lakh amount to be lent under Credit Guarantee Scheme

Finance Ministery on Monday announced 8 relief measures to different sectors. Finance Minister Nirmala Sitharaman announced a 1.1 Lakh crore loan guarantee scheme for covid affected sectors. Loans will be given to the smallest borrowers by micro-finance institutions. A maximum of Rs 1.25 lakh amount to be lent, said Finance Minister during the press conference.