Trending News
Baltic Exchange Market Report (17 January 2025)...
  Daily Exim

NEWS DETAILS

Date: 27/01/2025

Govt may announce fin support, credit to exporters in the Budget

The government may announce measures to boost financial support, including credit, to exporters and small businesses to address a long-standing problem faced by the two crucial segments. One of the options being looked at for exporters and MSMEs alike is collateral free lending to help them tackle the problem of providing security to banks to raise debt. For exporters, the interest equalisation scheme, which has been pending with the Finance Ministry for months, may also get the green light, helping Indian traders compete favourably in the international market as the high interest burden and logistics costs are seen to be two major handicaps when it comes to competing with rivals from the region. The Commerce Department has already held discussions with the Finance Ministry on ensuring that there is adequate credit flow and availability of other instruments, such as factoring and credit guarantee for exporters, as per a report.
 
Source: Exim News Service: New Delhi, Jan. 26



Featured News

EXIM INDIA ONLINE SERVICES

APPOINTMENTS

View All

USEFULL LINKS

View All

Introduction

EXIM INDIA is a reputed and all-India recognised premier publishing house. It publishes a daily newspaper.

It publishes a daily newspaper "Exim Newsletter" from Mumbai & Western India, Gujarat, New Delhi & North India and Exim India - 'Shipping Times' from Kolkata, Chennai, Cochin and Tuticorin for the last 47 years.

Read More

QUICK LINKS

Contact Details

Inquiry

© | Exim India. All rights Reserved.