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3rd September 2021 (5 Topics)

Government emphasis need to conclude LGSCAS Scheme in non-metros in time

Analyze the role of loan guarantee schemes in providing relief to COVID affected sectors in the economy. (150 Words)

Approach:

  • In the introduction, briefly discuss the sectors on which COVID had impacted the most.
  • Briefly list the loan guarantee schemes provided by the Government to various sectors.
  • Enumerate the benefits of these schemes.
  • Enumerate how these may have a limited impact.
  • Way Forward and Conclusion
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