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Maroc Maroc - ZEENEWS.INDIA.COM - Business - 13/Nov 03:22

Union Cabinet Approves Credit Guarantee Scheme For Exporters

The scheme will be implemented by the Finance Ministry’s Department of Financial Services (DFS), through the National Credit Guarantee Trustee Company (NCGTC) Ltd, to provide additional credit support by MLIs to the eligible exporters, including MSMEs. A management committee formed under the chairmanship of the Secretary, DFS, will oversee the progress and implementation of the scheme, according to an official statement.

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