National Export Insurance Account (NEIA) has been set up by the Government of India to facilitate medium and long-term exports, which are commercially viable, considering the limitations of the ECGC Limited in providing adequate cover on its own and non-availability of reinsurance cover to such exporters.
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In order to cater to the specific need for export credit insurance cover, of reputed large value exporters which otherwise could not be fully addressed under any one of standard products, the customer specific policies have been introduced and are issued to large exporters on a selective basis on the merits respective requests for such cover. Normally such policies are issued without changing the basic risk cover profile of the export transaction.
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ECGC has evolved a scheme to provide protection for Indian Investments abroad. Any investment made by way of equity capital or untied loan for the purpose of setting up or expansion of overseas projects will be eligible for cover under investment insurance.
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Buyer’s Credit is a credit extended by a bank in India to an overseas buyer enabling the buyer to pay for machinery and equipment that he may be importing from India for a specific project.
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Buyer's Credit is a credit extended by a bank in India to an overseas buyer enabling the buyer to pay for machinery and equipment that he may be importing from India for a specific project.
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ECGC Limited (formerly known as Export Credit Guarantee Corporation of India Limited), is now offering "Export Factoring Facility" for Micro Small & Medium Enterprises (as defined in MSMED Act-2006).
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ECGC Ltd. (Formerly Export Credit Guarantee Corporation of India Ltd.), wholly owned by Government of India, was set up in 1957 with the objective of promoting exports from the country by providing Credit Risk Insurance and related services for exports. It functions under the administrative control of Ministry of Commerce & Industry, and is managed by a Board of Directors comprising representatives of the Government, Reserve Bank of India, banking, and insurance and exporting community.
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Evaluations involve systematic and objective assessments of an on-going or completed programme, including the design, implementation and results with the aim to determine its effectiveness, impact and sustainability.
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Development Monitoring and Evaluation Office (DMEO) undertakes data analysis and provides recommendations based on monitoring data to a variety of stakeholders. It provides comments to Ministries and Departments at the scheme design and appraisal stage, outlining key output and outcome indicators to be monitored. It is also strengthening its capacity to set standards in the country, including a nation-wide monitoring and evaluation policy, monitoring maturity assessment of ministries etc.
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Get information about the India Renewable Idea Exchange (IRIX) portal by Ministry of New and Renewable Energy (MNRE). iRiX is a real-time idea exchange platform for the Global RE community to ideate, innovate and incubate in the renewable energy sector.