Export Promotion Mission and Credit Guarantee Scheme: India’s Twin Engines for Global Trade Resilience
Introduction: Why Exports Matter and The Tariff Shock Exports form a vital pillar of India’s economic architecture. They generate foreign-exchange earnings, support manufacturing activity, provide employment (especially in labour-intensive sectors) and help maintain macro-economic stability. The press release notes that export-oriented industries directly and indirectly employ over 45 million people, and MSMEs contribute nearly 45 […]