A Pilot scheme for "export aid" for small industries has been formulated by the State Trading Corporation in order to promote diversification of the country's export trade.The State Trading Corporation will take on the role of the recourse party to foreign bills. Subject to the credit worthiness of the overseas buyers. The manufacture requires to be enabled to offer them credit upto 120 days.The manufacture himself will receive the payment to the extent of 95 % of the value of the exports as soon as the goods are shipped.