DMPQ- What is Nirvik Scheme?

Ministry of Commerce & Industry throughExport Credit Guarantee Corporation (ECGC) has introduced a new Export Credit Insurance Scheme (ECIS) called NIRVIK to enhance loan availability and ease the lending process.Enhanced cover will ensure that Foreign and Rupee export credit interest rates will be below 4%and 8% respectively for exporters.Under ECIS, insurance coverpercentage has also been enhanced to 90% from the present average of 60% for bothPrincipal and Interest.

CGPCS Notes brings Prelims and Mains programs for CGPCS Prelims and CGPCS Mains Exam preparation. Various Programs initiated by CGPCS Notes are as follows:-
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