Airline

Indian Government raises loan limit for operators reeling under cash-crunch

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Indian Government raises loan limit for operators reeling under cash-crunch

In a much-needed respite for smaller airlines like SpiceJet and Go First, the Indian Finance Ministry has expanded the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) to enhance the maximum loan amount eligibility for airlines under ECLGS 3.0. With this measure, airlines can avail of the...

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