The Apparel Export Promotion Council (AEPC) has welcomed the Union Cabinet’s approval of the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, on Tuesday saying that it is a timely measure to support businesses in the midst of the West Asia crisis.

Council chairman A. Sakthivel said, “ECLGS 5.0 will provide crucial liquidity support to MSME exporters, helping sustain production, protect jobs, and maintain supply chains during this challenging period. The 100% guarantee and zero fee will further ease credit access.”