The Union Cabinet has approved two major initiatives aimed at improving export finance and competitiveness — the Credit Guarantee Scheme for Exporters (CGSE) and the Export Promotion Mission (EPM).
Under the CGSE, the National Credit Guarantee Trustee Company (NCGTC) will provide a 100% credit guarantee for loans of up to ₹20,000 crore, making it easier for exporters—especially smaller businesses—to access finance without heavy collateral requirements.
The EPM, with an outlay of ₹25,060 crore for FY 2025–26 to FY 2030–31, integrates various export-related support measures into a single framework.
It focuses on MSMEs, first-time exporters, and labour-intensive sectors through two components:
- Niryat Protsahan: Focused on affordable trade finance, factoring, and digital credit cards.
- Niryat Disha: Supports branding, packaging, logistics, warehousing, and trade fair participation.
Together, these initiatives aim to create a more connected and supportive export environment across sectors.
🔹 MSME Takeaway:
Improved credit access, better trade finance options, and expanded opportunities for global market participation.
🔗Official Sources: