Exporters get ₹3,362 Cr boost under Credit Guarantee Scheme in a month

India
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CNBC TV18•10-01-2026, 16:59
Exporters get ₹3,362 Cr boost under Credit Guarantee Scheme in a month
- •Lenders sanctioned ₹3,361.83 crore to 774 applicants under the Credit Guarantee Scheme for Exporters (CGSE) within one month.
- •The ₹20,000-crore CGSE, operational since December 1, 2025, provides 100% credit guarantee coverage by NCGTC to MLIs.
- •The scheme aims to help Indian exporters facing US tariffs, diversify markets, and enhance global competitiveness.
- •Applications worth ₹8,764.81 crore (1,840 applications) were received, with ₹3,361.83 crore sanctioned by January 2, 2026.
- •CGSE is valid until March 31, 2026, or until ₹20,000 crore of guarantees are issued.
Why It Matters: Credit Guarantee Scheme for Exporters rapidly deploys ₹3,362 crore to boost Indian exports.
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