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India approves 1.9 billion credit guarantee to save businesses hit by Middle East crisis
Business
Published on 6 May 2026
A huge liquidity lifeline targets mostly small firms
India’s cabinet has approved an emergency credit guarantee program worth 181 billion rupees (about $1.9 billion) to support businesses facing liquidity stress linked to the Middle East crisis. The measure is designed to help firms, particularly smaller enterprises, keep operations running when cash flow is disrupted, by easing access to credit through guarantees.
- Cabinet approved an emergency credit guarantee of 181 billion rupees
- Program targets businesses facing liquidity problems from the Middle East crisis
- Small firms are expected to benefit the most
- Guarantee mechanism aims to improve access to credit during disruption
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times