The briefing
India’s Union Cabinet approved ECLGS 5.0 to provide credit guarantees to eligible borrowers facing short-term liquidity issues linked to instability in West Asia. The scheme covers MSMEs, non-MSMEs with existing limits, and scheduled passenger airlines with qualifying outstanding credit as of March 31, 2026.
Original headline
Govt Unveils ECLGS 5.0 to Cushion Businesses Including Airlines Amid West Asia Turmoil