The scheme is the biggest fiscal component of the Rs 20-lakh crore Aatmanirbhar Bharat Abhiyan package, announced by Finance Minister Nirmala Sitharaman in May to mitigate the distress caused by the lockdown due to COVID-19 by providing credit to different sectors, especially micro, small and medium enterprises (MSMEs).source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-sanctions-rs-1-86-lakh-crore-to-50-lakh-msmes-under-credit-guarantee-scheme/articleshow/78434068.cms
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