In response to the crisis in West Asia, the Union Cabinet on Tuesday (May 5, 2026) approved the fifth edition of its Emergency Credit Line Guarantee Scheme, under which it will provide additional credit guarantees to micro, small and medium enterprises (MSMEs) and non-MSMEs, including airline companies.
The total outlay of the scheme is expected to be ₹18,100 crore, and it is expected to generate additional credit flows worth ₹2.25 lakh crore, the government said.