Govt steps in to address finance concerns of exporters

The commerce department is planning a long-term solution for exporters' credit issues by considering a credit guarantee fund. This fund will help businesses access finance without needing collaterals. Exporters are currently struggling with declining export credit and high costs. Consulting firm EY is involved in assessing various options for improvement.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/emB6yPL
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