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Home > All news > Export Import, Trade > WT-ECIB Scheme likely to benefit 1,000 new small exporters : Commerce Ministry

WT-ECIB Scheme likely to benefit 1,000 new small exporters : Commerce Ministry

December 27, 2024
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WT-ECIB Scheme likely to benefit 1,000 new small exporters : Commerce Ministry

NEW DELHI : The ECGC is aiming to reduce the export credit gap through the WT-ECIB Scheme, which is expected to benefit about 1,000 new small exporters, in addition to the existing 8,000-odd by facilitating the availability of adequate and affordable export finance from banks for working capital, an official statement said.

The commerce ministry in its 2024 year-end review said that the Export Credit Guarantee Corporation of India (ECGC) has extended the scope of its Whole Turnover Export Credit Insurance for Banks (WT-ECIB . . .

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