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Govt launches ECLGS 5 0 with 2.55 lakh crore credit push for small firms and airlines
Economy
Published on 6 May 2026
Will small businesses and airlines actually get relief fast
The government has announced an additional ₹2.55 lakh crore credit support under ECLGS 5.0, targeting small businesses and airlines. The measure is intended to cushion the economy from the shockwaves of turmoil in West Asia by ensuring credit reaches eligible borrowers quickly, helping firms keep operations running and funding flowing during uncertainty.
- ECLGS 5.0 adds ₹2.55 lakh crore in credit support
- Focus areas: small businesses and airlines
- Goal is to limit economic fallout from West Asia turmoil
- Meant to improve the speed and spread of credit
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times