January 8, 2026 Summary: The Union Cabinet has approved a dedicated export credit support package worth ₹7,295 crore. This initiative includes an interest subvention scheme and collateral support specifically for MSMEs facing global trade headwinds. The package is expected to reduce the cost of trade finance by 2-3%, making Indian products more competitive in the US and European markets.
Rs 7,295 Crore Export Credit Package Unveiled for Small Exporters
