Citing a 50-70% drop in capacity utilization 50% to 70%, the Confederation of Indian Textile Industry (CITI) sought extension of the one-year moratorium for repayment of the principal amount, and conversion of three-year loans under Emergency Credit Line Guarantee Scheme (ECLGS) into six-year term loans.
from Economy-News-Economic Times https://economictimes.indiatimes.com/news/economy/foreign-trade/spinning-industry-seeks-support-to-tide-over-slow-exports/articleshow/106582881.cms
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