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Cabinet approves Emergency Credit Line Guarantee Scheme 5.0 for MSMEs and airlines amid West Asia turmoil
Business
Published on 5 May 2026
Airlines get cover too, not just MSMEs—details
The Union Cabinet has cleared Emergency Credit Line Guarantee Scheme 5.0 to help businesses hit by liquidity stress during the West Asia crisis. The plan provides credit guarantee coverage for both MSMEs and non-MSMEs, with direct support for the airline sector. The government says the move will help maintain operations, protect jobs, and keep domestic production running despite global disruptions.
- Emergency Credit Line Guarantee Scheme 5.0 has been approved
- Credit guarantees cover MSMEs and non MSMEs facing liquidity stress
- Airlines are included for operational continuity
- Aims to protect jobs and sustain domestic production
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times