Up to Rs. 20,000 crore collateral-free credit support envisaged

100% credit guarantee through NCGTC

Benefits to both MSME & non-MSME exporters

Supports liquidity, market diversification, employment, and enhance global competitiveness of Indian exporters

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) through National Credit Guarantee Tr

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