BUDDYCONCEPT
  • Home
  • Andhra Current Affair
  • Telangana Current Affair
  • International Concept
  • Indian Polity Concept
  • Home
  • Andhra Current Affair
  • Telangana Current Affair
  • International Concept
  • Indian Polity Concept

NIRVIK Scheme

1/2/2020

0 Comments

 
The Finance Minister, Nirmala Sitharaman, announced the NIRVIK scheme in the Union Budget 2020-21.It will provide high insurance cover for exporters and reduce premium for small exporters.
  • To achieve higher export credit disbursement, a new scheme NIRVIK is being launched which provides for high insurance cover, reduction in premium for small exporters and simplified procedures for claim.
  • the Export Credit Insurance Scheme (ECIS), the insurance guarantee could cover up to 90% of the principal and interest.Under ECIS, insurance cover percentage has also been enhanced to 90% from the present average of 60% for the both principal and interest.
0 Comments



Leave a Reply.

    Current Affair

    All
    Event & Awards
    Indian Defence
    Indian Economy
    Indian Polity
    International Relation
    Person & Places In News
    Reports
    Schemes & Initiative
    Science & Environment

    Archives

    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020

  • Home
  • Andhra Current Affair
  • Telangana Current Affair
  • International Concept
  • Indian Polity Concept