stdClass Object ( [id] => 17001 [paper_index] => 202507-01-023126 [title] => THE ROLE OF EXPORT FINANCING IN THE DEVELOPMENT OF THE INDIAN ECONOMY [description] => [author] => Pragya Verma, Dr. Balwant Singh [googlescholar] => [doi] => [year] => 2025 [month] => July [volume] => 11 [issue] => 7 [file] => fm/jpanel/upload/2025/July/202507-01-023126.pdf [abstract] => The export financing in India can contribute for the development and empowerment of the Indian economy. The export financing is essential for poverty alleviation of a nation and fostering sustainable economic growth. It is an innovative approach that combines with economic opportunity with skill-building, fostering young entrepreneurial potential and participation in international trade. The exports financing is considered as essential element for the growth of an economy. There is immense potential for India's export’s sector as India's total exports have, increased in manifold in the last 10 decades and currently India contributes a major share to the GDP of the world. Export financing is essential for the exporters as the export businesses with high value that depends on financing. The export trade is facilitated with the availability of export finance at different stages in the form of the Pre-shipment finance and Post-shipment finance provided by export financing institutions on India. An exporter either procures the raw materials or imports for the processing of the same into finished goods and boarding them for international trade through ship and air. The export financing issues faced by the exporters, primarily involve the availability of adequate and timely finance, availability of concessional credits for preparing internationally competitive exports. Limited access to the export financing particularly for international exports acts as a major obstacle for entrepreneurs. This research paper highlights the significance of export financing for Indian exporters and focuses on the development through skills and capacity building that contributes to the upliftment of export activities throughout the Nation. [keywords] => Development, Empowerment, Export Financing, Pre-Shipment Financing and Post-Shipment Financing [doj] => 2025-07-18 [hit] => [status] => [award_status] => P [orderr] => 73 [journal_id] => 1 [googlesearch_link] => [edit_on] => [is_status] => 1 [journalname] => EPRA International Journal of Multidisciplinary Research (IJMR) [short_code] => IJMR [eissn] => 2455-3662 (Online) [pissn] => - -- [home_page_wrapper] => images/products_image/11.IJMR.png ) Error fetching PDF file.