ECGC Full Form In Hindi :- दोस्तों आज हम जानेंगे के कि ECGC Ka Full Form क्या होता है इसके बारे में पुरी जानकारी देने वाले हैं अगर आप ECGC के बारे में जानने में Interested है तो आगे आप पर सकते हैं।
वैसे तो भारत में हजारों प्रकार के Full Form का उपयोग किया जाता हैं और उसी में से एक ECGC Ka Full Form भी full form होता है, आज हम आपको ECGC Full Form In Hindi के बारे में बताने वाले है।
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ECGC का फुल फॉर्म क्या होता है?
| ECGC Ka Full Form | Export Credit Guarantee Corporation of India |
| ECGC Full Form In Hindi | एक्सपोर्ट क्रेडिट गारंटी कॉरपोरेशन ऑफ इंडिया होता है। |
What Is The Full Form Of ECGC?
The ECGC Full Form Is Export Credit Guarantee Corporation of India, and ECGC main functions, which include providing export credit insurance, issuing guarantees and undertaking reinsurance of export credit risks to promote and develop foreign trade of India.
ECGC Ka Full Form क्या होता है?
ECGC Ka Full Form “Export Credit Guarantee Corporation of India”. It is a government owned company in India that provides export credit insurance support to Indian exporters and is headquartered in Mumbai. Its main objective is to promote and develop foreign trade in India by providing guarantees and insurance coverage against the risks of exporting goods and services from India.
ECGC Full Form In Hindi में क्या होता है?
ECGC Full Form In Hindi में एक्सपोर्ट क्रेडिट गारंटी कॉरपोरेशन ऑफ इंडिया कहते हैं। ईसीजीसी एक सार्वजनिक क्षेत्र की कंपनी है जिसे 1957 में स्थापित किया गया था और यह वाणिज्य और उद्योग मंत्रालय के प्रशासनिक नियंत्रण में है। यह निर्यात ऋण गारंटी निगम अधिनियम, ईसीजीसी अधिनियम के प्रावधानों के तहत संचालित होता है, और निदेशक मंडल द्वारा शासित होता है।
ईसीजीसी के मुख्य कार्यों में निर्यात ऋण बीमा प्रदान करना, गारंटी जारी करना और निर्यात ऋण जोखिमों का पुनर्बीमा करना शामिल है। ईसीजीसी बैंकों और वित्तीय संस्थानों को उनके निर्यात ऋण संवितरण को सुरक्षित करने के लिए गारंटी भी प्रदान करता है।
ईसीजीसी भारत से वस्तुओं और सेवाओं के निर्यात के जोखिमों के खिलाफ गारंटी और बीमा कवरेज प्रदान करके भारत में विदेशी व्यापार को बढ़ावा देने और विकसित करने में भी महत्वपूर्ण भूमिका निभाता है। यह भारतीय निर्यातकों को नए बाजारों, ग्राहकों और आपूर्तिकर्ताओं की पहचान करने में मदद करने के साथ-साथ व्यापार से संबंधित मामलों पर जानकारी प्रदान करने के लिए सेवाएं भी प्रदान करता है।
ईसीजीसी एक महत्वपूर्ण संस्था है जो भारतीय निर्यातकों को वस्तुओं और सेवाओं के निर्यात से जुड़े विभिन्न प्रकार के जोखिमों के खिलाफ बीमा और गारंटी प्रदान करके अंतर्राष्ट्रीय बाजारों तक पहुँचने में मदद करती है।
What is the main function of ECGC?
The ECGC main function is to provide export credit insurance, issue guarantees and undertake reinsurance of export credit risks to promote and develop foreign trade in India
How does ECGC help Indian exporters to access international markets?
ECGC provides insurance and guarantees against various types of risks associated with exporting goods and services, and also provides services to Indian exporters to help them identify new markets, customers, and suppliers.
What are the criteria for an Indian exporter to be eligible for coverage from ECGC?
To be eligible for coverage from the Export Credit Guarantee Corporation (ECGC) of India, an exporter must meet certain criteria. These include:
Registration :- The exporter must be registered with the ECGC and have a valid PAN card and GST registration.
Type of export :- The ECGC provides coverage for most types of exports, including goods, services, and technology. However, there are certain types of exports, such as weapons, tobacco, and certain types of chemicals, that are not eligible for coverage.
Creditworthiness :- The exporter must be financially sound and must have a good track record of timely payment of dues to banks and other financial institutions.
Type of buyer :- The buyer must be a foreign entity and must not be on the ECGC’s list of ineligible buyers.
Value of export :- The value of the export must be above a certain threshold, which can vary depending on the type of policy and the nature of the export.
Trade terms :- The trade terms of the export contract must be such that the payment is deferred and the risk of non-payment is borne by the exporter.
Political risk :- The country where the buyer is based should not be under any economic or political sanctions.
It is important to note that the above criteria are general, and there may be specific details and requirements depending on the nature of the export contract and the terms of the insurance policy. Additionally, these criteria may change over time as per the government policies.
What is the process for applying for export credit insurance from ECGC?
The process for applying for export credit insurance from the Export Credit Guarantee Corporation (ECGC) of India typically involves the following steps:
Register as an exporter :- The first step is to register as an exporter with the ECGC by submitting the necessary documentation, such as PAN card, GST registration, and other business-related documents.
Choose the appropriate insurance policy :- The ECGC offers several insurance policies, such as the Policy for Advance Payment Guarantee, Policy for Deferred Payment Guarantee, and Policy for Buyer’s Credit Guarantee. The exporter must choose the appropriate policy based on their business needs and the terms of the export contract.
Submit the application :- The exporter must then submit the application for insurance along with the necessary documents, such as the export contract, invoice, and shipping documents.
Underwriting and risk assessment :- The ECGC will then conduct an underwriting and risk assessment of the exporter and the buyer to determine the premium and terms of the insurance policy.
Payment of premium :- The exporter will then have to pay the premium for the insurance policy.
Issuance of the policy :- Once the premium is paid, the ECGC will issue the insurance policy, which will be valid for the duration of the export contract.
It is important to note that this is a high-level summary of the process, and there may be specific details and requirements depending on the nature of the export contract and the terms of the insurance policy.
Is there a limit on the amount of coverage that can be provided by ECGC?
Yes, there is a limit on the amount of coverage that can be provided by the Export Credit Guarantee Corporation (ECGC) of India. The maximum amount of coverage that can be provided by ECGC is based on the amount of the export contract and the type of policy.
For example:
- Under the Policy for Advance Payment Guarantee, the maximum coverage is up to 90% of the advance payment received by the exporter.
- Under the Policy for Deferred Payment Guarantee, the maximum coverage is up to 90% of the contract value for short-term export bills and 85% for long-term export bills.
- Under the Policy for Buyer’s Credit Guarantee, the maximum coverage is up to 90% of the buyer’s credit limit.
FAQS Questions For ECGC Full Form In Hindi
Q1. Is ECGC a government owned company?
Answer. Yes, ECGC is a government-owned company that is under the administrative control of the Ministry of Commerce and Industry.
Q2. Does ECGC also provide support for services exports?
Answer. Yes, the Export Credit Guarantee Corporation (ECGC) of India provides support for services exports as well as goods exports. It covers commercial and political risks.
Q3. What types of policies does ECGC offer to Indian exporters?
Answer. ECGC offer a range of export credit insurance policies to Indian exporters, including credit insurance for pre-shipment and post-shipment risks, advance payment guarantee, and performance guarantee.
Q4. Does ECGC provide guarantees to banks and financial institutions?
Answer. Yes, ECGC also provides guarantees to banks and financial institutions to secure their export credit disbursements.
Q5. Is ECGC only for Indian exporters or foreign exporters?
Answer. ECGC is primarily for Indian exporters and its main objective is to promote and develop foreign trade in India.
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