India, Jan. 1 -- The Government of India has issued a release:
Exports being a critical pillar of the Indian economy, account for nearly 21% of GDP and robust foreign exchange inflows. With over 45 million people being directly and indirectly employed under the export oriented industries, the MSMEs contribute nearly 45% of total exports. Such a sustained export growth has been instrumental in supporting India's current account balance and macroeconomic stability.
The Credit Guarantee Scheme for Exporters (CGSE) being implemented by the Department of Financial Services, has been made operational since 01.12.2025 enabling banks and financial institutions (Member Lending Institutions - MLIs) to extend additional financial assistance to India...