The Credit Guarantee Scheme for Exporters (CGSE) became operational from 1 December 2025 through the Jan Samarth Portal. The scheme supports Indian exporters during uncertain global conditions by improving access to finance. Exports play a key role in India’s economy and contribute nearly 21% of GDP. Export-related industries also support employment for more than 45 million people, with MSMEs contributing around 45% of total exports.
The CGSE provides a 100% government-backed credit guarantee for additional loan facilities given by banks and financial institutions. The scheme allows collateral-free credit support up to 20,000 crore rupees for direct and indirect exporter MSMEs. This support improves liquidity, ensures smooth business operations, and helps exporters enter new and emerging markets. Within the first month, 1,788 applications worth 8,599 crore rupees were received.
Out of these, 716 applications amounting to 3,141 crore rupees were sanctioned. These figures show strong confidence among exporters and lending institutions. Exporters can receive additional working capital loans of up to 20% of existing export credit limits. The scheme helps improve competitiveness, maintain employment, and strengthen India’s export ecosystem. CGSE remains open until 31 March 2026 or until the full guarantee limit is reached.