Q. Which institution introduced a new scheme to provide enhanced export credit risk insurance cover to support small exporters?
Answer:
ECGC
Notes: Export Credit Guarantee Corporation of India (ECGC) has introduced a new scheme to provide enhanced export credit risk insurance cover up to 90% to support small exporters.
This cover is provided under the Export Credit Insurance for Banks Whole Turnover Packaging Credit and Post Shipment (ECIB- WTPC & PS). The scheme would benefit small-scale exporters availing of export credit with banks and to diversify their existing portfolio.