Capital Infusion and planned IPO to increase ECGC’s underwriting capacity up to ₹88,000 crore and propel additional exports of Rs. 5.28 lakh crore over a five-year period
Will help create 59 lakh new jobs including 2.6 lakh in formal sector
This decision is part of a series export related schemes and initiatives taken by the Government over the last few years
Extension of Foreign Trade Policy (2015-20) up to 31 March 2022
Release of Rs 56,027 crore in September 2021 to liquidate all pending arrears
Roll out of Remission of Duties and Taxes and Exported Products (RoDTEP) with a sanctioned amount of Rs. 12,454 crore in FY 2021-22
Common Digital Platform for Certificate of Origin launched to facilitate trade and increase FTA utilization by exporters
Promoting Districts as Export Hubs
Active role of Indian missions abroad towards promoting India’s trade, tourism, technology and investment goals has been enhanced

Government under the leadership of Hon’ble Prime Minister Shri Narendra Modi has undertaken a series of measures to provide a boost to the exports sector. In line with this, the Government has today approved capital infusion of ₹4,400 crore to ECGC Ltd. (formerly known as Export Credit Guarantee Corporation of India Ltd.) over a period of five years, i.e. from FY 2021-2022 to FY 2025- 2026. The approved infusion along with efforts made to suitably synchronize with the listing process of ECGC through the Initial Public Offering will increase the underwriting capacity of ECGC to support more exports.

ECGC was established by the Government of India under Companies Act in 1957 to promote exports by providing credit insurance services to exporters against non- payment risks by the overseas buyers due to commercial and political reasons. It also provides insurance covers to banks against risks in export credit lending to the exporter borrowers. ECGC endeavours to support the Indian export industry with its experience, expertise and underlying commitment to progress and advance of India’s exports.

ECGC plays a wider role in supporting exports from labour-intensive sectors and encourage bank lending to enterprises of small exporters thereby leading to their revival. Capital infusion in ECGC will enable it to expand its coverage to export oriented industry particularly labour-intensive sectors. The approved amount will be infused in instalments thereby increasing the capacity to underwrite risks up to ₹88,000 crore and this will enable ECGC to issue covers that can support additional exports of ₹5.28 lakh crore over the five-year period in line with the existing pattern.

In addition, in terms of the report ‘Export to Jobs’ published by World Bank and International Labour Organisation in February 2019, ₹5.28 lakh crore exports will lead to formalization of 2.6 lakh workers. Further, the total number of workers (both formal and informal) will increase by 59 lakhs as per the report.

ECGC - Performance highlights

1. ECGC is a market leader with around 85% market share in export credit insurance market in India

2. Export supported by ECGC was Rs.6.02 lakh crore in 2020-21, which is around 28% of India’s merchandise exports

3. Number of distinct exporters benefitted are 7,372 and 9,535 under Export Credit Insurance for Banks as of 31/3/2021, 97% of which are small exporters

4. ECGC insures around 50% of total export credit disbursement by banks, covering 22 banks (12 Public Sector Banks and 10 Private Sector Banks)

5. ECGC has a database of over five lakh overseas buyers

6. It has settled claims more than Rs.7,500 crore in the last decade

7. It has invested $ 11.7 million in Africa Trade Insurance (ATI) so as to facilitate Indian exports to African market

8. ECGC has shown continuous surplus and made dividend payments to the Govt. for last 20 years

Various Export Related Schemes and Initiatives taken by Govt. in last few years

1. Foreign Trade Policy (2015-20) extended upto 30-09-2021 due to the COVID-19 pandemic situation

2. Rs 56,027 crore released in September 2021 to liquidate all pending arrears under all script base Schemes to provide liquidity in the COVID-19 times

3. Roll out of a new Scheme - Remission of Duties and Taxes and Exported Products (RoDTEP). Rs 12,454 crore sanctioned for the Scheme in the FY 2021-22. It is a WTO compatible mechanism for reimbursement of taxes/ duties/ levies, which are currently not being refunded under any other mechanism, at the central, state and local level.

4 Support to textiles sector was increased by the remission of Central/ State taxes through the ROSCTL scheme, which has now been extended till March 2024.

5. Common Digital Platform for Certificate of Origin has been launched to facilitate trade and increase FTA utilization by exporters.
6. A comprehensive “Agriculture Export Policy” to provide an impetus to agricultural exports related to agriculture, horticulture, animal husbandry, fisheries and food processing sectors, is under implementation

7. Promoting and diversifying services exports by pursuing specific action plans for the 12 Champion Services Sectors

8. Promoting districts as export hubs by identifying products with export potential in each district, addressing bottlenecks for exporting these products and supporting local exporters/manufacturers to generate employment in the district

9. Active role of Indian missions abroad towards promoting India’s trade, tourism, technology and investment goals has been enhanced

10. Package announced in light of the covid pandemic to support domestic industry through various banking and financial sector relief measures, especially for MSMEs, which constitute a major share in exports

11. Trade Infrastructure for Export Scheme (TIES), Market Access Initiatives (MAI) Scheme and Transport and Marketing Assistance (TMA) schemes to promote trade infrastructure and marketing.

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Prime Minister urges MPs to vote in favour of Nari Shakti Vandan Adhiniyam Amendment, Calls it Historic Opportunity
April 17, 2026

The Prime Minister, Shri Narendra Modi, has highlighted that a discussion is currently underway in Parliament on the amendment to the Nari Shakti Vandan Adhiniyam, noting that deliberations continued till 1 AM last night.

He stated that all misconceptions surrounding the amendment have been addressed with logical responses, and every concern raised by members has been resolved. The Prime Minister added that necessary information, wherever lacking, has also been provided to all members, ensuring that issues of opposition have been clarified.

Emphasising that the issue of women’s reservation has witnessed political debates for nearly four decades, the Prime Minister said that the time has now come to ensure that women, who constitute half of the country’s population, receive their rightful representation.

He observed that even after decades of independence, the low representation of women in the decision-making process is not appropriate and needs to be corrected.

The Prime Minister informed that voting in the Lok Sabha is expected shortly and urged all political parties to take a thoughtful and sensitive decision by voting in favour of the women’s reservation amendment.

Appealing on behalf of the women of the country, he urged all Members of Parliament to ensure that no action hurts the sentiments of Nari Shakti. He noted that crores of women are looking towards the Parliament, its intent, and its decisions.

The Prime Minister called upon MPs to reflect upon their families-mothers, sisters, daughters, and wives—and listen to their inner conscience while making the decision.

He described the amendment as a significant opportunity to serve and honour the women of the nation and urged members not to deprive them of new opportunities.

Expressing confidence, the Prime Minister said that if the amendment is passed unanimously, it will further strengthen Nari Shakti as well as the country’s democracy.

Calling it a historic moment, he urged all members to come together to create history by granting rightful representation to women, who form half of India’s population.

The Prime Minister wrote on X;

“संसद में इस समय नारीशक्ति वंदन अधिनियम में संशोधन पर चर्चा चल रही है। कल रात भी एक बजे तक चर्चा चली है।

जो भ्रम फैलाए गए, उनको दूर करने के लिए तर्कबद्ध जवाब दिया गया है। हर आशंका का समाधान किया गया है। जिन जानकारियों का अभाव था, वो जानकारियां भी हर सदस्य को दी गई हैं। किसी के मन में विरोध का जो कोई भी विषय था, उसका भी समाधान हुआ है।

महिला आरक्षण के इस विषय पर देश में चार दशक तक बहुत राजनीति कर ली गई है। अब समय है कि देश की आधी आबादी को उसके अधिकार अवश्य मिलें।

आजादी के इतने दशकों बाद भी भारत की महिलाओं का निर्णय प्रक्रिया में इतना कम प्रतिनिधित्व रहे, ये ठीक नहीं।

अब कुछ ही देर लोकसभा में मतदान होने वाला है। मैं सभी राजनीतिक दलों से आग्रह करता हूं… अपील करता हूं...

कृपया करके सोच-विचार करके पूरी संवेदनशीलता से निर्णय लें, महिला आरक्षण के पक्ष में मतदान करें।

मैं देश की नारी शक्ति की तरफ से भी सभी सदस्यों से प्रार्थना करूंगा… कुछ भी ऐसा ना करें, जिनसे नारीशक्ति की भावनाएं आहत हों।

देश की करोड़ों महिलाओं की दृष्टि हम सभी पर है, हमारी नीयत पर है, हमारे निर्णय पर है। कृपया करके नारीशक्ति वंदन अधिनियम में संशोधन का साथ दें।”

“मैं सभी सांसदों से कहूंगा...

आप अपने घर में मां-बहन-बेटी-पत्नी सबका स्मरण करते हुए अपनी अंतरात्मा को सुनिए ...

देश की नारीशक्ति की सेवा का, उनके वंदन का ये बहुत बड़ा अवसर है।

उन्हें नए अवसरों से वंचित नहीं करिए।

ये संशोधन सर्वसम्मति से पारित होगा, तो देश की नारीशक्ति और सशक्त होगी… देश का लोकतंत्र और सशक्त होगा।

आइए… हम मिलकर आज इतिहास रचें। भारत की नारी को… देश की आधी आबादी को उसका हक दें।”

"Parliament is discussing a historic legislation that paves the way for women’s reservation in legislative bodies. The discussions, which began yesterday, lasted till around 1 AM and have continued since the House proceedings began this morning.

The Government has addressed all apprehensions and misconceptions relating to the legislation with facts and logic. All concerns have been addressed and any gaps in information have also been filled.

For nearly four decades, this issue of women’s reservation in legislative bodies has been inordinately delayed. Now is the time to ensure that half of the nation’s population receives its rightful due in decision making. Even after so many decades of Independence, it is not right that women in India have such limited representation in this area.

In a short while from now, voting will take place in the Lok Sabha. I urge and appeal to all political parties to reflect carefully and take a sensitive decision by voting in favour of women’s reservation.

On behalf of our Nari Shakti, I also request all members not to do anything that may hurt the sentiments of women across India. Crores of women are watching us…our intent and our decisions. I once again request that everyone support the amendments to the Nari Shakti Vandan Adhiniyam.”

"I would like to appeal to all Members of Parliament…

Please reflect upon your conscience, remembering the women in your own families.

The legislation to ensure women’s reservation in legislative bodies is a significant opportunity to do justice to women of our nation.

Please do not deprive our Nari Shakti of new opportunities.

If this amendment is passed unanimously, it will further empower the women of our country and strengthen our democracy.

Let us come together today to create history.

Let us ensure that the women of India, who are half of the nation’s population, receive their rightful due.”