Budget Announces Implementation Of Nirvik Scheme For Higher Insurance Cover For Exporters
Exporters say new scheme, first announced in September 2019, will reduce premium, costs Exporters have been assured implementation of the new export credit insurance scheme `Nirvik’, offering lower premiums and faster claims settlement, in 2020-21, in the Union Budget announced on Saturday. Under the scheme, first announced by Finance Minister Nirmala Sitharaman in September 2019,…