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    <title>Provision of Budget for balance funds under Scheme of Rupees Export Credit Subvention to Scheduled Commercial Banks – Impact of Global Meltdown on Exports</title>
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    <description>Government approved additional budgetary allocations to meet pending claims under the Interest Subvention scheme for rupee export credit administered by the central bank, which reimburses scheduled commercial banks for a two percentage point concession on pre and post shipment export credit to eligible, employment oriented exporter sectors. The scheme&#039;s sectoral scope and successive temporal extensions are noted, and recent supplementary funds were provided to cover outstanding liabilities and to include further export sub sectors within the scheme.</description>
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      <title>Provision of Budget for balance funds under Scheme of Rupees Export Credit Subvention to Scheduled Commercial Banks – Impact of Global Meltdown on Exports</title>
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      <description>Government approved additional budgetary allocations to meet pending claims under the Interest Subvention scheme for rupee export credit administered by the central bank, which reimburses scheduled commercial banks for a two percentage point concession on pre and post shipment export credit to eligible, employment oriented exporter sectors. The scheme&#039;s sectoral scope and successive temporal extensions are noted, and recent supplementary funds were provided to cover outstanding liabilities and to include further export sub sectors within the scheme.</description>
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