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India to offer credit guarantees for exporters hit by U.S. tariffs

Deendayal Port in Kandla, in the western state of Gujarat, India (Photo: REUTERS/Amit Dave) India is rolling out a financial aid package featuring credit guarantees and term loans to support small businesses and exporters hit by steep U.S. tariffs. The initiative includes 10–15% credit guarantees for short-term loans (up to 90 days overdue) and up to 75% government-backed guarantees on term loans, aiming to ease pressure on stressed exporters, notably […]

today12 August, 2025