Cabinet nods ₹45,000-cr boost for exporters amid global challenges
The Union Cabinet approved schemes worth ₹45,060 crore to support exporters amid global challenges. This comprises the ₹25,060-crore Export Promotion Mission, under which sectors like textiles, leather, gems and jewellery, engineering goods, and marine products will be prioritised. Additionally, the Cabinet cleared a ₹20,000-crore expansion of the Credit Guarantee Scheme for exporters.