New Delhi, June 1 -- The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, approved by the Union Cabinet last month to support businesses facing liquidity stress amid the ongoing West Asia crisis, has witnessed significant traction within weeks of its launch, according to the latest implementation data.

As of May 29, 2026, more than 2.62 lakh applications have been sourced under the scheme, with the total value of applications reaching approximately Rs 1.71 lakh crore, official figures showed.

Of the total applications received, nearly 79,950 have been sanctioned, translating into sanctions worth around Rs 35,194 crore. Guarantees have already been issued for over 26,000 accounts, covering an amount of approximately Rs 15,720 crore. ...