13
Nov
Up to Rs. 20,000 crore collateral-free credit support envisaged 100% credit guarantee through NCGTC Benefits to both MSME & non-MSME exporters #ExportPromotion #MakeInIndia #AatmanirbharBharat #MSME #IndianExports #GlobalTrade #CreditGuarantee #ModiCabinet #EconomicNews New Delhi: The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi today approved introduction of Credit Guarantee Scheme for Exporters (CGSE) for providing 100% credit guarantee coverage by National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending Institutions (MLIs) for extending additional credit facilities upto Rs.20,000 crore to eligible exporters, including MSMEs. Implementation strategy and targets: The scheme shall be implemented by Department of Financial Services (DFS)…