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Press Information Bureau
Government of India
Ministry of Commerce & Industry
19-December, 2012 16:57 IST
At the request of Department of Commerce, Government has extended interest subvention scheme in certain specified sectors upto 31st March 2013. Other steps include measures / incentives announced on 5th June, 2012 as part of the Annual Supplement to Foreign Trade Policy.
This information was given by the Minister of State for Commerce & Industry Dr. D. Purandeswari in written reply to a question in Rajya Sabha today.
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DS/RK
Interest subvention scheme extended to support specified export sectors, alongside supplementary foreign trade policy incentives. Extension of the interest subvention scheme for certain specified export sectors has been announced as a short-term administrative measure to maintain subsidised credit support for exporters, complemented by measures contained in the Annual Supplement to the Foreign Trade Policy.
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