India’s Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to provide financial relief to businesses facing challenges due to the ongoing West Asia crisis. The new scheme aims to improve liquidity support for MSMEs, non MSMEs, and the airline sector by offering government backed credit … Continue reading India Approves ECLGS 5.0 to Support Businesses Amid West Asia Crisis