Union Minister for Commerce & Industry Piyush Goyal announced that a new scheme NIRVIK would be launched with an aim of enhancing loan availability for exporters. He further added that under the new scheme up to 90% of the principal and interest will be covered under insurance. It will cover both pre and post shipment credit. This comes in the backdrop of a host of announcements made by Finance Minister Nirmala Sitharaman on Saturday.
Piyush Goyal,NIRVIK,export sector,Nirmala Sitharaman,Export Credit Guarantee Corporation of India,
Union Minister for Commerce & Industry Piyush Goyal announced that a new scheme NIRVIK would be launched with an aim of enhancing loan availability for exporters. He further added that under the new scheme up to 90% of the principal and interest will be covered under insurance. It will cover both pre and post shipment credit. This comes in the backdrop of a host of announcements made by Finance Minister Nirmala Sitharaman on Saturday.
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