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    <title>Shri Anand Sharma, Union Minister of Commerce and Industry, while addressing the media here today, has announced a series of new incentives for exporters. These are as follows:</title>
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    <description>Export incentive coverage is expanded across FPS, MLFPS, VKGUY and FMS through addition of new eight digit products and new markets, with specified sectors gaining differential benefit rates. MAI support is allocated for a warehouse project in Latin America. Proposed finance measures to the Ministry of Finance and RBI seek reduced margins on dollar credit, continuation and extension of a 2% interest subvention to additional sectors, and lengthening the non crystallisation period for overdue export proceeds for selected labour intensive sectors.</description>
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