GJEPC hosted an interactive webinar on the Credit Guarantee Scheme for Exporters (CGSE), drawing participation from 90 industry members on 18th December. Shri Hardik Mukesh Sheth, Director, Department of Financial Services, Ministry of Finance, delivered the keynote address.
Welcoming participants, Shri Sabyasachi Ray, Executive Director, GJEPC, outlined the Export Promotion Mission and the CGSE. Shri Sheth delivered a detailed presentation on the scheme, explaining that it is managed by the National Credit Guarantee Trustee Company Ltd. (NCGTC), with the Department of Financial Services as Settlor.
This Central Sector Scheme offers 100% guarantee cover to enhance liquidity and sustain production amid global geopolitical challenges, such as U.S. tariffs. With ₹20,000 crore in credit flow support, the scheme aims to promote market diversification and drive sustainable growth in international trade, fully aligning with the objectives of Atmanirbhar Bharat.
Following the presentation, members raised questions which were addressed by Shri Sheth. Concluding the webinar, the Executive Director thanked him for his valuable insights, which will benefit the gems and jewellery trade.