September 29, 2021 8:26 PM

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Govt approves continuation of NEIA scheme, infusion of Rs 1,650 cr Grant-in-Aid over 5 years

<span style="color: #000000;">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.<br />''<br />''Capital infusion in NEIA Trust will help tap the huge potential of project exports in focus market.<br />''<br />''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.<br />''<br />''This decision is part of a series export related schemes and initiatives taken by the Government over the last few years.</span><br />

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