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        <h1>Interest Equalisation Scheme for MSME Exporters Extended to 31st August 2024 with Rs. 750 Crore Cap.</h1> The Interest Equalisation Scheme (IES) for Pre and Post Shipment Rupee Export Credit has been extended for two months beyond 30th June 2024, now ending on 31st August 2024. This extension applies exclusively to MSME exporters, with a total scheme outlay capped at Rs. 750 crore. The scheme's terms and conditions remain unchanged. Claims from non-MSME exporters will not be accepted beyond 30th June 2024. Relevant guidelines and notifications from the Reserve Bank of India should be consulted for further details.

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