$type=Ticker$count=6

Search This Blog

NIRVIK Scheme 2019 Niryat Rin Vikas Yojana – Big Relief for Exporters

NIRVIK Scheme 2019 Niryat Rin Vikas Yojana – Big Relief for Exporters After being actively exploited by the introduction of GST, i.e. G...

NIRVIK Scheme 2019 Niryat Rin Vikas Yojana – Big Relief for Exporters

After being actively exploited by the introduction of GST, i.e. Goods and Services Tax which was announced by the government in power in 2017. Now, to ease the trouble of people in business, the Ministry of Commerce & Industry through Export Credit Guarantee Corporation (ECGC) has introduced a new Export Credit Insurance Scheme (ECIS) called NIRVIK Scheme

Niryat+Rin+Vikas+Yojana
Niryat Rin Vikas Yojana

The Niryat Rin Vikas Yojana made available easy loan to the big businessmen and exporters. Also under the NIRVIK Scheme high-interest rate will be provided. Keeping in mind the rights of the businessman carrying out the export business and supporting India’s GDP this scheme was announced by the Finance Minister Nirmala Sitharaman on 14 September 2019 in New Delhi.


Aim through NIRVIK Scheme

The main aim and motive through the Niryat Rin Vikas (NIRVIK Scheme) Yojana were to make loan readily available to the businessmen. Moreover, higher interest rates will be provided to all the businessmen taking loans. The government has taken this initiative to preserve the rights of the businessmen and also increase the credit supply of the banks. Under the NIRVIK Scheme Government will provide insurance covers to the businessman and at the time of Claim Government will provide 90% of the principal amount.

Overview of NIRVIK Niryat Rin Vikas Yojana

Scheme Name Niryat Rin Vikas Yojana
Launched By Central Govt.
Department Goods & Services Tax
Start Date of Scheme Available Soon
Beneficiary Business Man
Mode of Application Online
Status Active
Official Website Available Soon

Benefits Of NIRVIK Scheme

The government will provide a number of Benefits to Businessmen under the Niryat Rin Vikas Yojana:-
  • It will, first of all, enhance accessibility and affordability of credit for exporters.
  • The scheme will also help exporters to expand their business.
  • Explanation of business through the exporters will result in an increase in competition.
  • The scheme will also provide ease to carry out day to day activities related to export.
  • The scheme will help provide liquidity to the assets by providing quick insurance cover to the business.
  • The insurance cover will provide additional comfort to banks.
  • Adequate working capital will also be hence provided by the scheme.
  • Due to reduced insurance premium rates there will be 30% growth in export credit and 20% growth every year.
  • The scheme is going to cover Rs. 3 lakh crore of loans.

Insurance Covers In NIRVIK Scheme

For small people in the business having an outstanding limit of less than Rs, Eighty crores insurance premium rates will be reduced to 0.6% from 0.72%. Also for the beneficiaries, those which will be selected under the NIRVIK scheme, almost 90% insurance cover will be provided for them. And 50% of the amount for the claim will be given in the first 30 days after the complaint is filed regarding the lost by any means. But to be eligible for the insurance cover the exporter will have to produce proof of the loss occurred which will be issued by the concerned Bank authorities after a full inspection of the site.

Registration Process in NIRVIK Scheme

The Niryat Rin Vikas Yojana is a fresh new scheme which was announced by Mr. Piyush Goyal in a Press Conference just a few days back. He also had addressed the press that the scheme will be sent to the cabinet for approval. Thus, many details including the eligibility, application and registration process in respect to the scheme are yet to be announced by the concerned authorities. As soon as the registration and application process are disclosed by the cabinet of commercial affairs we will update you through this portal.

*****

COMMENTS

Name

Aadhaar Cards,24,account,1,act,1,admit card,1,agenda,1,agreement,1,Agriculture,105,AIIMS,7,Air,7,Air Force,14,airport,3,Allowance,8,amendment,7,Anganwadi,1,Animal,4,Anniversary,9,antartica,1,App,13,appointment,5,Army,11,Article,2,arunima sinha,1,ASEM SUMMIT 2018,1,Assembly,4,Atal Bhujal,3,ATM,1,atmanirbhar,5,Atomic,1,Auto,1,Awaas,68,Awards,43,Ayurveda,17,Ayushman Bharat.Jan Arogya,10,Azad Hind,1,Balika,5,band,2,Bank,27,Bankruptcy,1,BCCL,2,Berojgari Bhatta.,1,Bihar,12,Bima,14,Biography,1,Biomedical,1,Biotechnology,2,Blue,2,Board,11,boder,4,bond,5,Bonus,1,BRICS,2,Bsnl,4,Budget,14,Building,7,Business,106,Cabinet,3,Cable Car,1,cadets,1,cancer,4,Capital,2,Capital.Index,3,Car,2,Card,46,cargo,1,Cases,6,CBI,1,cbse,17,CCL,2,CDS,1,centre,7,CERTIFICATE,9,CGHS,3,channels,1,Child,63,Child Sexual Abuse,2,Children,9,CIMAP,1,Cities,10,Citizen,5,City Gas Distribution,3,clearance,3,Coal,13,College,23,Commerce,27,Commission,47,Compani,5,Conclave,1,Condolence,2,Conference,6,Consumer Price,9,cooperation,2,Corona,229,country,3,Court,10,Crude Oil,17,CTET,2,Culture,34,Currencies,4,Cyber,4,Cyclone,12,Dam,1,Dearness,4,debt,1,defence,45,Definition,1,Delhi,38,development,57,Develpment,87,Diamond,1,Digital India,15,Direct,3,disable,1,Disaster,6,Divyangjans,4,Diwali,2,Domicile,2,doordarshan,1,Driving,5,Drug,1,Drug trafficking,1,e-Office,3,e-Vidhan,1,Earth,4,echs,1,Education,128,elec,1,Election,48,Electoral,5,Electrification,13,Emergency,2,Employment,58,Energy,8,enterprises.farmer,2,entrepreneur,4,Environment,27,EPFO,21,ESEM SUMMIT,1,EVM,1,EXAM,43,Exhibition,3,Export,5,extraction,1,Fabric,1,Family,28,Fani,4,Fare.Scheme,1,Farmers,54,Fasal,5,fdi,1,Fertilizers,12,Festival,10,Filing,1,Film Festival,3,Finance,55,Fish,4,Fit India,3,Food,22,force,5,forest,16,freedom.Fighters,2,G-20 Meeting,1,G-20 Summit,2,Gaja,2,Games,6,Gandhi,4,GDP,4,General,5,Girls,22,Global,5,Goa,2,Gold,3,Gold Bond Scheme,4,Government,159,Gram Panchayats,6,Gramin,15,Green,8,ground,2,GSAT,1,GSAT11,1,GSLV,1,GST,23,GSTR,1,guidelines,5,guinessbook,2,Hackathon,1,haj,3,Happy,5,Harassment,2,Haryana,7,Hassle,1,Hausla,1,Health,92,helmet,1,Holi,1,homage,1,Homoeopathy,9,Hospital,15,Hostels,5,Housing,112,HRA,1,Human,42,ID,1,IFFI,1,IISF,1,import,1,Incom Tax,18,income,7,Index,22,India,68,India-China,4,industry,31,information,10,Infrastructure,12,Insolvency,1,Institution,13,interest rates,2,internal,1,Internet,2,Internship,2,investment,2,ISRO,10,Issue Price,3,IT,2,J&K,7,JanDhan,5,Jawaharlal,5,jeddah,1,JEE,3,Jeevan Shakti,2,jharkhand,13,Jio,1,JOB,120,Khelo,2,Kheol,6,kisan,70,koushal Yuva,3,KPCS,1,kumbhmela,18,kvic,1,KVS,14,Language,2,Laptop,1,Law and Justice,2,Legislative,3,Licence,3,Livelihood,1,livestock,1,loan,26,Location,2,lockdown,77,Lok,14,LPG Gas,6,Maan Ki Baat,5,Mahila-E-Haat,1,Main Nahin Hum,2,Make in India,4,Man-Dhan,6,management,5,Manrega,6,Mantri,212,Marger,1,Market,6,MARRIAGE,6,martyrs,1,MAT,1,Maternity,1,Measurement,1,media,3,Medicine,25,Meeting,4,Memorial,6,Metro,10,Minister,7,Mission,38,Mobile,19,money,2,Monsoon,1,Movie,1,mp,1,Mtnl,2,Mudra,8,Mukhyamantri,32,Museum,8,Nabard,2,NAE,2,Namami Gange,21,Nation,8,National,74,National Highways,29,National Project,17,Nationhood,1,Natural,1,Natural Gas,29,Naval,9,Navodaya Vidyalaya.,1,NCERT,1,NCR,2,NDA,2,Nehru,4,Net Project,2,Netaji Subash Chandra Bose,3,New,13,New Airport,4,News,12,NIRVIK,1,Niti Aayog,31,NMCG,1,NNC,1,Nominations,1,Northeast,18,Notification,90,NPS,5,NuGen,1,Nursing,2,Nutrition,2,OBC,2,ODF,1,odisha,4,Online,53,Operation Green,1,Organic,2,Orphanages,1,Padma,2,Paisa,1,pakistan,3,Pal,2,Pan Card,3,Park,3,Parliament,6,parliament attack,1,Passport,4,Patel,3,patna,1,Payment,4,pcs,1,Pension,35,Petroleum,10,Physical,1,pm,21,PMAY,2,Police,8,Policy,8,Pollution,9,Port,5,Portal,17,Poshan,8,post office,1,poverty,3,Power,31,Powergrid,4,Pradhan,213,prasarbharti,1,pregnant,1,President,9,prime minister,6,Prisoners.,1,private,2,Prizes,3,Professionals,3,promotion,1,PSLV,3,public,1,Puruskar,2,Qaumi Ekta,1,radio,1,Rail,16,Railway,115,Rainfall,1,Rajasthan,6,Rajbhasha,1,Ration,34,RBI,5,Recruitment,76,Red Fort,4,Refinery,11,releases,1,Repo Rate,2,reproduction,1,Reserved,6,Resources,38,Result,37,retire,4,Return,4,review,1,Revolution,2,Right,1,Ring Road,2,river,15,Road,29,Ropeway,1,RRB,3,RRCB,2,RTI,2,Run for Unity,3,Rural,36,Sabha,12,salary,5,Sampann,3,Samridhi,4,Sanskrit,1,Satellite,3,Saubhagya,1,Saving,1,Scheme,559,Scholarships,20,School,56,Scientist,3,sector,2,security,2,Seminar,1,Senior,3,Service,12,Session,1,Sexual,1,Share,2,shramik Card,2,SIAL,1,Skill Develpment,30,Smart,17,Smuggling,1,Snowfall,1,social,1,soil,2,Solar,16,soldier,1,son,1,space,5,Sports,22,SSC,15,Sstellite,1,Staff.,1,Staff.Safety,1,Startup,4,Startup India,7,Statistics Day,1,Steel,11,stocks,5,Strike,1,Student,24,Sukanya Samriddhi Yojana,4,summit,6,Surgical,1,Swachh Bharat,36,Swadesh Darshan,13,Swadhar Greh,2,Swaraj,1,System,8,Tabacco,1,TAX,36,Teacher,4,technology,5,Telecom,10,Terrorism,6,Textile,6,Ticket,9,tiger,1,Tourism,27,Tracking,1,Trading,2,Trafficking,1,Train,48,Training,16,Transgenders,1,Transport,44,travel,5,Tribal,8,tricolour,1,trust,1,UGC,1,Ujjwala,9,Unity,3,University,10,unlock,6,Unreserved,2,UPSC,21,Urban,36,UTS,3,uttar Pradesh,19,Uttarakhand,6,Vehicle,8,Village,4,Village Cleanliness,2,virus,216,Visa,4,Voting,5,Wages,4,waste,2,water,23,Water Resources,31,WCO,1,Weather,1,Website,3,West Bengal,2,wifi,1,Wildlife,1,Winter,1,Women,107,workshop,6,Year,3,Yoga,11,Yojana,245,youth,22,Youth Parliament,1,आग दुर्घटना,1,जी-20 देशों की बैठक,1,नेट परियोजना,1,पुलिस,1,प्रत्यक्ष कर,1,बाल यौन शोषण,1,वर्षगांठ,1,वायु सेना,1,स्मारक,1,
ltr
item
Indian Govt Scheme - Sarkari Yojna - सरकारी योजना: NIRVIK Scheme 2019 Niryat Rin Vikas Yojana – Big Relief for Exporters
NIRVIK Scheme 2019 Niryat Rin Vikas Yojana – Big Relief for Exporters
https://1.bp.blogspot.com/-R9mdLgGNbsQ/XYgt0p4HqKI/AAAAAAAAEVE/J_JIwanKCf0w-LhPFCaP2maAYLsNYK5tACLcBGAsYHQ/s1600/NIRVIK%2BScheme.png
https://1.bp.blogspot.com/-R9mdLgGNbsQ/XYgt0p4HqKI/AAAAAAAAEVE/J_JIwanKCf0w-LhPFCaP2maAYLsNYK5tACLcBGAsYHQ/s72-c/NIRVIK%2BScheme.png
Indian Govt Scheme - Sarkari Yojna - सरकारी योजना
https://www.indiangovtscheme.com/2019/09/nirvik-scheme-2019-niryat-rin-vikas.html
https://www.indiangovtscheme.com/
https://www.indiangovtscheme.com/
https://www.indiangovtscheme.com/2019/09/nirvik-scheme-2019-niryat-rin-vikas.html
true
7302066951545768297
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content