{"id":197509,"date":"2022-07-27T18:19:02","date_gmt":"2022-07-27T12:49:02","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=197509"},"modified":"2022-07-27T18:19:02","modified_gmt":"2022-07-27T12:49:02","slug":"ecgc-introduces-new-scheme-providing-enhanced-export-credit-risk-insurance-cover-up-to-90-for-small-exporters","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/ecgc-introduces-new-scheme-providing-enhanced-export-credit-risk-insurance-cover-up-to-90-for-small-exporters\/","title":{"rendered":"ECGC introduces new scheme providing enhanced export credit risk insurance cover up to 90% for small exporters"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article<\/span><b> \u201c<\/b><b>ECGC introduces new scheme providing enhanced export credit risk insurance cover up to 90% for small exporters<\/b><b>\u201d<\/b><span style=\"font-weight: 400;\"> published in <\/span><b>PIB <\/b>on<b> 26th July 2022.<\/b><\/p>\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">Export Credit Guarantee Corporation(ECGC) has introduced a new scheme to provide enhanced export credit risk insurance cover to the extent of 90% to support small exporters.<\/span><\/p>\n<h5><b>About the Scheme to provide enhanced export credit risk insurance cover<\/b><\/h5>\n<p><b>Launched by<\/b><span style=\"font-weight: 400;\">: ECGC under the Export Credit Insurance for Banks Whole Turnover Packaging Credit and Post Shipment(ECIB- WTPC &amp; PS).<\/span><\/p>\n<p><b>Objective<\/b><span style=\"font-weight: 400;\">: To <\/span><span style=\"font-weight: 400;\">provide small exporters with enhanced export credit risk insurance coverage of up to 90%.<\/span><\/p>\n<p><b>Eligibility:<\/b><span style=\"font-weight: 400;\"> The enhanced insurance cover will be available for manufacturers and exporters availing fund-based export credit working capital with a limit of up to Rs 20 crore (Packaging Credit and Post Shipment limit per exporter\/exporter-group), excluding the gems, jewellery and diamond sector and merchant exporters.<\/span><\/p>\n<h5><b>What is the significance of the scheme?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The scheme is expected to benefit a number of small-scale exporters availing of export credit with banks which hold the ECGC WT-ECIB covers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This will also enable the small exporters to explore new markets\/new buyers and diversify their existing product portfolio competitively.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cECGC introduces new scheme providing enhanced export credit risk insurance cover up to 90% for small exporters\u201d published in PIB on 26th July 2022. What is the News? Export Credit Guarantee Corporation(ECGC) has introduced a new scheme to provide enhanced export credit risk insurance cover to the&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/ecgc-introduces-new-scheme-providing-enhanced-export-credit-risk-insurance-cover-up-to-90-for-small-exporters\/\">Continue reading <span class=\"screen-reader-text\">ECGC introduces new scheme providing enhanced export credit risk insurance cover up to 90% for small exporters<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,956,9,959],"tags":[3590],"class_list":["post-197509","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-schemes-and-programs","category-public","category-schemes","tag-pib","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/197509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=197509"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/197509\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=197509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=197509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=197509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}