Secretary, DFS Highlights New Credit Guarantee Scheme for Exporters at India Exim Bank Seminar in Kochi

Secretary, Department of Financial Services, Ministry of Finance, Government of India highlighted Government of India (GOI)’s new Credit Guarantee Scheme for Exporters (CGSE) to strengthen exporters’ resilience amid global trade uncertainties, at Exim Bank’s Seminar on ‘Redefining Growth: Strategies for Inclusive and Resilient Economic Development in Asia-Pacific’ on November 17, 2025, in Kochi, Kerala. He outlined other targeted measures introduced by the Government of India to strengthen India’s export competitiveness, particularly for MSMEs, first-time exporters, and labour- intensive sectors.

In his keynote address, Shri Nagaraju mentioned that the GOI’s Credit Guarantee Scheme for Exporters (CGSE) provides 100% credit guarantee coverage, enabling institutions to extend additional facilities worth ?20,000 crore to eligible exporters, including MSMEs. He emphasised that the said initiative would enable greater access to finance for small exporters and catalyse growth in labour-intensive sectors. He also outlined the recently approved Export Promotion Mission (EPM), a flagship initiative announced in the Union Budget 2025–26.

Complementing the national initiatives, Shri A.P.M. Mohammed Hanish, Principal Secretary (Industries), Government of Kerala, in his special address, highlighted Kerala’s recent achievements in governance and business reforms, including securing the top rank in Ease of Doing Business reforms. He also outlined the Kerala Export Promotion Policy 2025, which aims to transform the state into a globally competitive export hub with an ambitious target of US$20 billion in exports by 2027–28.