New Delhi: Government has set up a ten-member committee to examine issues related to effective functioning of Export Import Bank and Export Credit Guarantee Corporation (ECGC).
The committee, headed by the Finance Secretary, would recommend ways to strengthen functioning of these two Organisations, reports PTI. It will examine need for capital infusion, addressing regulatory constraints with respect to the EXIM Bank and ECGC. The committee would submit its recommendations within six weeks from the date of holding its first meeting, the Commerce and Industry Ministry said in a series of tweets.
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