Budget 202

India Union Budget 2022 | ECLGS scheme to be extended till Mar 2023: FM

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2022-23 in the Lok Sabha, at Parliament, in New Delhi, Tuesday, Feb. 1, 2022.   | Photo Credit: PTI

Finance Minister Nirmala Sitharaman on Tuesday proposed to further extend the Emergency Credit Line Guarantee Scheme (ECLGS) till March 2023, with an expanded guarantee cover of ₹5 lakh crore.

She also said the draft DPRs (detailed project report) for five river links have been finalised and the implementation of Ken-Betwa rivers linking with an estimated cost of ₹44,605 crore will be taken up.

In her Budget Speech 2022-23, Ms. Sitharaman said Kisan drones for crop assessment, land records and spraying of insecticides are expected to drive a wave of technology in the agriculture sector.

"ECLGS scheme to be extended till March 2023 and guarantee cover expanded by ₹50,000 to ₹5 lakh crore," she said.

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Printable version | Feb 1, 2022 12:35:32 PM | https://www.thehindu.com/business/budget/eclgs-scheme-to-be-extended-till-mar-2023-fm/article38357796.ece

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