May 6, 2026
Headlines

ECLGS 5.0

India Unveils Rs 2.55 Lakh Crore Emergency Credit Scheme to Counter Geopolitical Liquidity Risks

India Unveils Rs 2.55 Lakh Crore Emergency Credit Scheme to Counter Geopolitical Liquidity Risks

Business News Desk03 mins mins

Expanding Financial Lifelines The Union Cabinet on Tuesday approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, authorizing Rs 2.55 lakh crore in credit support to help businesses navigate severe liquidity challenges stemming from the ongoing conflict in West Asia. This strategic intervention, finalized in New Delhi, aims to bolster the operational resilience of Micro,…

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Union Cabinet Approves ₹2.55 Lakh Crore ECLGS 5.0 to Mitigate Regional Crisis Risks

Union Cabinet Approves ₹2.55 Lakh Crore ECLGS 5.0 to Mitigate Regional Crisis Risks

Business News Desk03 mins mins

Government Launches ECLGS 5.0 to Bolster Economic Resilience The Union Cabinet officially approved a ₹2.55 lakh crore credit guarantee scheme, dubbed ECLGS 5.0, on Wednesday to provide critical liquidity support to Micro, Small, and Medium Enterprises (MSMEs), non-MSME entities, and the aviation sector. This intervention, confirmed by a CNBC-TV18 newsbreak, aims to insulate the domestic…

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