The Covid pandemic that outbroke half a decade ago has surfaced laments on every sector across the world, and more precisely hampered the exports of MSMEs, which contributes lion share to Indian exports. The Government of India has initiated many concrete steps to stave off the impact of pandemic on the exports of MSMEs, of which, Electronic Bank Realization Certificate or eBRC is an important digital initiative that not only expedites the process of corroborating the export remittances, but also reduces the cycle time of realising and disbursing the export benefits by the Government to the export-oriented units. There are many other digital initiatives mooted by the Government to navigate the exports of MSMEs in data driven economy in the past two years, but, eBRC is often claimed to be one of the flagship reforms with respect to the bolstering MSMEs. Therefore, this paper is the consequence of an attempt made to study whether eBRC has achieved the stated purpose as two years has been lapsed ever since its initiation, for which, three broad objectives were construed to study the pros and cons of eBRC through reviewing the literature, to conduct a comparative analysis of eBRC with the previous system of FIRCS and to study the perceptions of stakeholders using the Likert’s Scale. A sample of seventy five respondents were selected using stratified random sampling method, from whom, the primary data required to accomplish the third objective has been collected and interpreted which reveals that eBRC has been helpful to the exporters with minor flaws in it, based on which the conclusions of this paper were drawn.