Airlines Press Government to Release Delayed ECLGS Funds as Liquidity Strain Deepens
Indiaโs airline industry is urging the government to intervene as lenders reportedly withhold the balance disbursement of Emergency Credit Line Guarantee Scheme funds to eligible carriers. The Federation of Indian Airlines says the delay is worsening liquidity stress across the sector, which is still grappling with high costs, uneven demand recovery and heavy debt burdens.
