The Commerce Ministry has announced seven new interventions under the Export Promotion Mission to address structural constraints faced by MSME exporters, including high cost of capital and logistics disadvantages. Key features include credit facilities with interest subvention and partial guarantees to boost exports and market access.
Exam Lens
Quick Exam Facts From News
1-Minute Revision
- ›E-commerce Credit Limit: ₹50 lakh (90% guarantee)
- ›Overseas Inventory Credit: ₹5 crore (75% guarantee)
- ›Target this Data: Direct e-commerce credit facility offers ₹50 lakh with 90% guarantee coverage.
- ›Target this Nodal Body: Ministry of Commerce and Industry.
- ›Target this Policy: Export Promotion Mission.
Mastered this topic? Test your knowledge with a full MCQ quiz.
Practice exam-style questions, track your score, and strengthen your recall.