Export factoring support: interest subvention for eligible MSME exports to improve access to alternative trade finance. The intervention provides prospective pilot interest subvention support to eligible MSMEs for export factoring (recourse and non-recourse) arranged with RBI/IFSCA-regulated entities, restricted to exports under a notified HS six-digit positive list; claims are submitted online IEC-wise, disbursed to the IEC-linked bank account upon verification, and governed by specified ceilings, periodic reviews of subvention rates and reporting, with a Sub-Committee and EPM (DGFT) responsible for operationalisation.
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Provisions expressly mentioned in the judgment/order text.
Export factoring support: interest subvention for eligible MSME exports to improve access to alternative trade finance.
The intervention provides prospective pilot interest subvention support to eligible MSMEs for export factoring (recourse and non-recourse) arranged with RBI/IFSCA-regulated entities, restricted to exports under a notified HS six-digit positive list; claims are submitted online IEC-wise, disbursed to the IEC-linked bank account upon verification, and governed by specified ceilings, periodic reviews of subvention rates and reporting, with a Sub-Committee and EPM (DGFT) responsible for operationalisation.
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