India may clear ₹5,000 crore credit relief for airlines: Report

The Indian government is considering a ₹5,000 crore relief package for airlines under the Emergency Credit Line Guarantee Scheme, with a proposal likely to be placed before the Cabinet this week, CNBC-TV18 reported. The move comes amid rising financial stress in the aviation sector. The scheme is aimed at easing liquidity constraints, particularly for cash-strapped carriers, the report added.