Cabinet Approves Credit Guarantee Scheme for Exporters

The Union Cabinet, led by Prime Minister Narendra Modi, has approved the Credit Guarantee Scheme for Exporters (CGSE), which provides 100% credit guarantee coverage for up to Rs. 20,000 crore to eligible exporters, including MSMEs. This initiative aims to enhance liquidity, support market diversification, and improve the global competitiveness of Indian exporters, contributing to India's goal of achieving a USD 1 trillion export target.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link