New Delhi, March 5 -- The government is drawing up schemes to provide credit on easy terms to MSME exporters, and offer assistance to deal with non-tariff measures imposed by other countries which have emerged as a barrier to India's merchandise exports, a senior Commerce Ministry official said on Tuesday. Addressing a post-Budget webinar, Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said, the Commerce, the MSME and the Finance Ministries are working on these schemes.

The government is framing schemes to provide credit on easy terms to MSME exporters, promote alternative financing instruments through strengthening factoring services for them, he said. These schemes are being formulated under the export promotion mission...