The Gandhidham Chamber of Commerce & Industry (GCCI) has urged Union Finance Minister to increase the allocation under ECLGS 5.0 and extend its disbursement window to support eligible MSMEs whose bank-sanctioned credit facilities remain undisbursed due to exhaustion of the scheme’s available allocation.
GCCI President Teja Kangad appreciated the Government’s initiatives to strengthen the MSME sector, particularly credit-support measures such as ECLGS, which have helped businesses maintain liquidity, working capital and access to institutional finance.
According to GCCI Vice President Deepak Parekh, several eligible MSMEs completed the required documentation and approached their banks within the prescribed period. However, in some cases, banks sought audited financial statements for FY 2025-26, delaying the sanction process. Although facilities were subsequently sanctioned after submission of the financial statements, the sanctioned amounts reportedly cannot be disbursed because the ECLGS 5.0 allocation has been exhausted.
GCCI Hon. Secretary Mahesh Tirthani said the Chamber has requested the Finance Ministry to enhance the ECLGS 5.0 budgetary/guarantee allocation and extend the scheme’s validity and disbursement window. It has also sought priority for already-sanctioned facilities awaiting disbursement and a special window for eligible applications delayed due to banking processes.
GCCI said timely intervention would provide crucial working-capital support to MSMEs for procurement of raw materials, execution of orders, inventory management and day-to-day operations. The Chamber emphasized that eligible businesses should not lose the intended benefits of ECLGS due to banking delays or exhaustion of allocation for reasons beyond their control.