On May 23, 2020, in a conversation with Nalin Kohli of the BJP, Finance Minister Nirmala Sitharaman spoke about the Emergency Credit Line Guarantee Scheme, worth 3 lakh crore rupees, for small and medium businesses. Banks should lend under it, she said, and “the fear of the 3Cs as they refer to the CBI, CVC, and also the CAG should not be in their minds.”
These are the Central Bureau of Investigation, the Central Vigilance Commission and the Comptroller and Auditor General. She added: “if a decision goes wrong, and if there is a loss, the government has given 100 per cent guarantee now.”