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Context: Cautioning that India’s potential output may undergo a structural downshift following the pandemic, the Reserve Bank on Tuesday made a strong case for deep-seated and wide-ranging reforms to regain losses and return to the path of sustainable economic growth.
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Reserve Bank of India
ECONOMY
Govt. open to more tweaks in ₹3 lakh crores credit guarantee scheme
Context: Finance Minister Nirmala Sitharaman said that the government is open to further tweaking the ₹3 lakh crores credit guarantee scheme for providing collateral-free loans to small businesses.
Details:
Emergency Credit Line Guarantee Scheme (ECLGS)
About ECLGS
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