In response to the ongoing Iran war, which has severely disrupted exports and imports, the Indian government is preparing to roll out a relief package targeting the most affected sectors. This initiative will be framed under the ₹2.5 lakh crore (approximately $300 billion USD) Emergency Credit Line Guarantee Scheme (ECLGS). Among the provisions being considered is a ₹5,000 crore (roughly $600 million USD) credit scheme specifically for airlines, which may also gain access to a Centre-backed credit line through the ECLGS. The package could include a credit cap of up to ₹1,000 crore (about $120 million USD) per airline and may extend over five years. Additionally, the government is looking to provide up to 90% credit guarantee cover for the impacted sectors. The fallout from the Iran war has caused a sharp correction in stock prices across various industries, with over 400 stocks experiencing double-digit declines in March alone. Key sectors affected include energy, airlines, textiles, and consumer goods. The situation is further complicated by rising jet fuel prices due to disruptions in the Strait of Hormuz, which is vital for India's energy imports.