Cabinet Clears Credit Guarantee Scheme for Exporters

14 Nov 2025 CW Team

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the introduction of the Credit Guarantee Scheme for Exporters (CGSE), which will provide 100 per cent credit guarantee coverage via the National Credit Guarantee Trustee Company Limited (NCGTC). The scheme will allow Member Lending Institutions (MLIs) to extend additional credit of up to Rs 200 billion to eligible exporters, including MSMEs.

Implementation Strategy

The Department of Financial Services (DFS) will implement CGSE through NCGTC. A Management Committee chaired by the DFS Secretary will oversee execution and progress. The scheme is designed to boost access to collateral-free credit and strengthen liquidity for exporters.

Expected Impact

CGSE is expected to improve the global competitiveness of Indian exporters, particularly MSMEs, and support market diversification. By easing access to credit, the scheme reinforces India’s goal of achieving USD 1 trillion in exports and advances the country’s Aatmanirbhar Bharat mission.

Background

Exports account for nearly 21 per cent of India’s GDP in FY 2024–25 and play a critical role in maintaining foreign exchange reserves. Export-oriented industries employ more than 45 million people, with MSMEs contributing about 45 per cent of total exports. Sustained export growth is essential for India’s current account balance and overall macroeconomic stability.

The government noted that exporters need enhanced liquidity and adequate time to expand into new markets and improve competitiveness. The CGSE aims to provide this support by ensuring additional financial assistance, thereby promoting business stability, growth, and expansion across global markets.

Infrastructure Transport

12 Jan 2026

Dhalbhumgarh Airport Faces 150-km Rule Hurdle

The issue has resurfaced following a recent statement by Union Civil Aviation Minister Ram Mohan Naidu, who said that under existing aviation policy, a new greenfield airport is generally not permitted within an aerial distance of 150 kilometres of an operational civilian airport. He added, however, that if a formal proposal is submitted, its impact on the existing airport can be examined and relaxations may be considered on a case-by-case basis. While the clarification has revived some hope for Dhalbhumgarh, it has also underlined the scale of the technical challenge facing the project. Unde..

Stakeholders Seek Parallel Ops For Vizag Airports

With road and metro rail links to Bhogapuram still several years away, stakeholders in north Andhra Pradesh have renewed demands to continue civil operations at INS Dega even after the commissioning of Bhogapuram International Airport. The new airport is expected to begin commercial operations from June. Officials said close to 80 per cent of the airport infrastructure at Bhogapuram, including the terminal building and internal approach roads, has already been completed. However, inadequate external connectivity remains a key concern. Making a case for parallel operations, Andhra Pradesh Air ..

Govt To Roll Out V2V Tech To Cut Road Crashes

In an effort to curb road accidents, particularly in low-visibility conditions such as dense fog, the government is set to roll out vehicle-to-vehicle (V2V) communication technology that will allow cars to exchange real-time data and alert drivers to potential dangers. The announcement was made by Union Road Transport and Highways Minister Nitin Gadkari after the 43rd meeting of the Transport Development Council. The technology involves installing an on-board unit (OBU) in vehicles, enabling wireless data exchange between nearby cars. This will allow vehicles to share information such as spee..