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    • Commerce ministry suggests banks to provide export credit in foreign currency to e-commerce exporters

      The DGFT in a trade notice said that consultations were held with industry representatives, exporters, and nodal departments on outstanding issues pertaining to exports through e-commerce.

    • Exclusive|Biggest scheme for export insurance remains a non-starter even as govt announces major funds

      The Niryat Rin Vikas Yojana was announced in September 2019, and served as the anchor in the government's plan to boost trade in Budget 2020. It is yet to be implemented.

    • Govt to work on six fronts to revive exports

      The government today said it will focus on six major areas, including SEZs, export credit and MSMEs, to boost exports which have been in the negative since December 2014.

    • OBC cuts interest rate on export credit by 0.25%

      Oriental Bank of Commerce today announced 0.25% cut in lending rate on export credit in response to RBI increasing the export re-finance limits of banks to 50%.

    • RBI unveils cheaper credit for exporters

      The Reserve Bank today announced 2% interest subsidy on Rupee export credit to the labour-oriented and small scale sectors to cushion them from slowdown in the major markets like the US and Europe.

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