SpiceJet secures first tranche of ECLGS funding; receives ₹150 crore from Bank of India
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Budgetary action — an allocation, fiscal policy change, or expenditure decision shaping how public resources flow. Reveals government priorities and affects programme implementation capacity.
Summary
Budget carrier begins drawing down government-backed emergency credit line as it looks to strengthen liquidity
Key Facts
Type Budget
Source BusinessLine - Economy
Published Friday, 19 June 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right