Government Approves Rs 5,000 Crore Emergency Credit Scheme for Airlines | India News
NEW DELHI: Indian carriers have got a Rs 5,000-crore lifeline during the debilitating Iran war that has led to a sharp hike in operating cost along with a decrease in passenger numbers. The Union Cabinet chaired by PM Modi on Tuesday approved the emergency credit line guarantee scheme (ECLGS) 5.0 to provide credit guarantee coverage…


