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Govt clears ₹5,000 crore emergency credit line for airlines amid West Asia war
short by Mansi Agarwal / on Wednesday, 6 May, 2026
The government has earmarked ₹5,000 crore for airlines under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 amid rising jet fuel prices and West Asia tensions. The scheme offers a maximum loan limit of ₹1,000 crore per borrower, along with an additional ₹500 crore, subject to equivalent equity infusion. The loans will have a tenure of up to seven years.
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