India's Bold Move: $1.9 Billion Credit Boost for Small Business Amid Crisis
Published on: May 5, 2026, 7:33 p.m. | Source: Devdiscourse
India's government launched a $1.9 billion emergency credit scheme to support businesses, mainly small and medium enterprises, facing liquidity issues due to the Middle East crisis. This scheme offers substantial credit guarantees to mitigate supply chain disruptions and inflation risks, aiming to sustain operations and protect jobs.
