Pilot credit-guarantee for MSME export working-capital loans under EPM-collateral eased; coverage capped, 30-day guidelines consultation

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....Collateral Support for Export Credit under EPM-Niryat Protsahan is launched with immediate effect as a pilot, establishing a credit-guarantee mechanism for eligible MSME exporters' export-linked working capital (pre- and post-shipment) credit extended by eligible member lending institutions, aligned with RBI Master Directions on export credit; eligible exports are restricted to a notified positive list at the HSN six-digit level. Guarantee coverage is prescribed up to 85% for micro and small exporters and 65% for medium exporters, subject to a maximum guarantee ceiling of Rs.10 crore per exporter for FY 2025-26 and an annual guarantee fee as per CGTMSE's CGS-I framework, enabling reduced collateral requirements and claim settlement on defau.........