India, Feb. 21 -- The Government on Friday announced seven measures, including credit assistance for e-commerce exporters and support for alternative trade instruments, with an aim to promote the country's outbound shipments.
These measures are part of the INR25,060-crore export promotion mission. Out of 10 components of the mission, three have already been rolled out in January.
To support exporters using digital channels, the commerce ministry announced credit facilities with interest subvention and partial credit guarantees. The Direct E-Commerce Credit Facility will provide support up to INR50 lakh with 90 per cent guarantee coverage. The Overseas Inventory Credit Facility will extend support up to INR5 crore with 75 per cent guaran...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.