Federation of Indian Airlines seeks Centre's intervention for faster release of ECLGS 5.0 fundsIndian airlines have requested the Civil Aviation Ministry's assistance in securing timely credit disbursements under ECLGS 5.0. The Federa...
05 Oct, 2026, 07.09 PM IST
SpiceJet’s finances, operations under government watch as cash flow woes deepenIndia’s aviation ministry is closely monitoring SpiceJet’s finances and operations amid persistent cash-flow stress, with Civil Aviation Mi...
22 Sep, 2026, 03.26 PM IST
India gives UDAN another decade to fly & generate Rs 60,000 crore; MoUs in 2-3 weeksThe Centre expects to finalize UDAN scheme agreements with all states soon. West Bengal will sign its memorandum of understanding on Septem...
22 Sep, 2026, 02.39 PM IST
Delhi Airport assists passengers following operational disruption of SpiceJet flightsDelhi Airport is assisting passengers affected by SpiceJet flight disruptions. The airline faces ongoing financial and operational difficul...
19 Sep, 2026, 08.49 AM IST
Govt, DGCA keeping close watch on financials, operations of SpiceJet: Civil Aviation Minister NaiduThe government and aviation regulator are closely monitoring SpiceJet's financial health. SpiceJet's domestic market share has recently see...
10 Sep, 2026, 05.13 PM IST
Finmin secures $1 billion IFC funding for MSMEs; $500 million already released to SidbiIndia secured one billion dollars from the International Finance Corporation for banks. This funding will provide long-term credit to small...
07 Sep, 2026, 12.10 AM IST
Govt in touch with SpiceJet over operational, financial challenges; Airline seeks funds under ECLGS schemeSpiceJet is seeking funds through the Emergency Credit Line Guarantee Scheme. The government is pushing the airline to increase its operati...
03 Sep, 2026, 10.14 PM IST
SpiceJet seeks extension of time to deposit ₹50 crore in KAL Airways dispute; Delhi HC declines to interfere at this stageThe Delhi High Court declined to issue an interim order regarding SpiceJet's delayed payment. SpiceJet sought more time to deposit the firs...
31 Aug, 2026, 06.10 PM IST
Finmin to meet heads of banks on Feb 22; to review progress ECLGS for MSMEsThe finance ministry has called a meeting of heads of public sector banks and top four private sector lenders to review the progress of the...
19 Feb, 2023, 04.56 PM IST
ECLGS: Finance Ministry increases loan limit to Rs 1,500 cr for aviation sectorRecognising that an efficient and strong civil aviation sector is vital for the economic development of the country, the Department of Fina...
05 Oct, 2022, 06.52 PM IST
FM announces extension of ECLGS by another yearFinance Minister Nirmala Sitharaman on Tuesday announced the extension of the emergency credit line guarantee scheme (ECLGS) by another yea...
01 Feb, 2022, 03.09 PM IST
One crore MSME borrowers given Rs 1.65 lakh cr support under ECLGSUnder the scheme, MLIs are provided 100 per cent guarantee against any losses suffered due to non-repayment of ECLGS funding by borrowers.
29 Jul, 2021, 04.18 PM IST
ECLGS to help alleviate 'stressed cash flows' of airlines, other civil aviation entities: Hardeep Singh PuriReferring to the ECLGS (Emergency Credit Line Guarantee Scheme) 3.0 wherein aviation sector was included on Sunday, the minister said that ...
30 May, 2021, 10.30 PM IST
Govt extends ECLGS to aviation sector; industry player says decision to ease liquidity pressureIndustry players said the "timely" decision to include the aviation sector under the Emergency Credit Line Guarantee Scheme (ECLGS), which ...
30 May, 2021, 06.24 PM IST
ECLGS 4.0 to cover on site oxygen generation plants“The modifications in ECLGS, would enhance the utility and impact of ECLGS by providing additional support to MSMEs, safeguarding livelihoo...
30 May, 2021, 12.36 PM IST
FHRAI requests govt for special credit guarantee window under ECLGS for hospitality sectorThe industry body has asked the government to standardise and align the tenure and the moratorium facilities floated under ECLGS 1.0, 2.0 a...
02 May, 2021, 03.06 PM IST
ECLGS 2.0 scheme: Govt extends credit guarantee scheme to 27 sectorsThe scheme was announced by the government earlier this month as part of the Rs 2.65 lakh crore Atmanirbhar Bharat 3.0 package. "Under ECLG...
26 Nov, 2020, 10.04 PM IST