#1
20th June 2015, 11:50 AM
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Role Of ECGC In Export Promotion
Can any give me information about role of ECGC (Export Credit Guarantee Corporation of India) in Export Promotion? I need this information for my project that is based on Role of ECGC. I am doing MBA from IIM Bangalore and I have to make this project. So please provide important points about role of ECGC Export Promotion.
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#2
28th May 2018, 12:47 PM
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Re: Role Of ECGC In Export Promotion
Can you tell me about the functions of ECGC Limited (Formerly Export Credit Guarantee Corporation of India Ltd)? Also tell me about its Products & Services?
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#3
28th May 2018, 12:48 PM
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Re: Role Of ECGC In Export Promotion
ECGC Limited (Formerly Export Credit Guarantee Corporation of India Ltd) was established in July, 1957 to strengthen the export promotion by covering the risk of exporting on credit. It functions under the administrative control of the Ministry of Commerce & Industry, Department of Commerce, Government of India. It is managed by a Board of Directors comprising representatives of the Government, Reserve Bank of India, banking, and insurance and exporting community. Functions Provides a range of credit risk insurance covers to exporters against loss in export of goods and services as well Offers guarantees to banks and financial institutions to enable exporters to obtain better facilities from them. Provides Overseas Investment Insurance to Indian companies investing in joint ventures abroad in the form of equity or loan and advances Products & Services Export Credit Insurance for Exporter ECIE Short Term Turnover Based Shipments Comprehensive Risks Policy (SCR) Small Exporters Policy (SEP) Specific Shipment Policy-(SSP) Services Policy (SRC) Export Turnover Policy (ETP) Exports (Specific Buyers) Policy (BWP) Consignment Exports Policy (Stockholding Agent) (CSA) ECIE Short Term Exposure Based Buyer Exposure Policy (SBEP) IT-Enabled Services Policy-Single Customer (SITES) Small And Medium Enterprise (SME) Software Project Policy (SPP) ECIE Medium & Long Term Construction Works Policy-(CWP) Specific Policy for Supply Contract Specific Shipment Policy-(SSP) Specific Services Policy-(SRC) Letter of Credit confirmation Cover Export Credit Insurance for Bank ECIB Short Term Pre-Shipment(PC) Individual Packing Credit -(INPC) Whole Turnover Packing Credit (WTPC) Branch Wise Packing Credit (BIPC) ECIB Short Term Post-Shipment Individual Post Shipment-(INPS) ECIB-INPS (With Exclusion) ECIB-INPS (Without Any Exclusion) ECIB-INPS (Not Holding Standard Policy) Whole Turnover Post Shipment (WTPS) Export Finance (EF) ECIB Short Term Cover against Bank Guarantee Export Credit Insurance for Banks- Surety Cover (ECIB-SC) Advance Payment-cum-Performance ECIB Medium & Long Term Individual Packing Credit -(INPC) Individual Post Shipment-(INPS) Export Performance (EP) Export Finance[Overseas Lending](EF-OL) ECIB-Cash Flow Deficit Financing Special Schemes Factoring Buyers Credit Cover Lines of Credit Cover Overseas Investment Insurance Customer Specific Covers NEIA |