The government approved a ₹20,000 crore Credit Guarantee Scheme for Exporters, offering 100% credit coverage via NCGTC to eligible MSMEs.

• The scheme supports exporters with collateral-free credit, strengthening liquidity and smooth operations for global market expansion.
• Department of Financial Services will implement it through NCGTC, with oversight by a management committee led by the Secretary, DFS.
• It aims to boost India’s global competitiveness and drive the nation toward achieving the ambitious USD 1 trillion export target.