Government approves continuation of NEIA scheme, infusion of Rs 1,650 cr Grant-in-Aid over 5 years
Sakshi Education
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 focus market.
Government approves continuation of NEIA scheme, infusion of Rs 1,650 cr Grant-in-Aid over 5 years
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 formal sector. This decision is part of a series export related schemes and initiatives taken by the Government over the last few years.
