Question
Which of the following schemes ensures the easy
availability of credit to exporters while reducing export-associated risks?Solution
The Export Credit Guarantee Scheme (ECGS) ensures the easy availability of credit to exporters and reduces risks associated with exports. It is one of the key initiatives of the Ministry to support exporters. Additionally, other schemes like the Interest Equalisation Scheme, TIES, MAI, and RoSCTL aim to assist exporters by providing financial support, improving trade infrastructure, and offering tax rebates
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