Poket News

 Govt approves continuation of NEIA scheme

 

  • The Cabinet  has also approved continuation of the National Export Insurance Account (NEIA) scheme and infusion of  1,650 crore Grant-in-Aid over five years.
  • Capital infusion in NEIA Trust will help tap the huge potential of project exports in the focus market.
  • NEIA will be able to support project exports worth up to 33,000 Crore rupees. 
  • It will  help create 2.6 lakh new jobs, including around 12,000 in the formal sector.