Cabinet Approves ECLGS 5.0 to Support MSMEs, Airlines Amid West Asia Crisi
Bhubaneswar: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the rollout of Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0) to provide crucial liquidity support to businesses affected by the ongoing West Asia crisis. The scheme will offer credit guarantee coverage through the National Credit Guarantee Trustee Company Limited (NCGTC), enabling banks…