Rate of Interest Subvention Increased from 2% to 3%
Presently the rate of Interest Subvention for credit obtained by exporters is 2%. There has been persistent demand to both increase the rate of subvention and also to widen the coverage. At present, all exporters who are micro and small enterprises, irrespective of the export sector, are beneficiaries of this scheme. In addition, the exporters… Read More
Tags: Board of Trade, Commerce Minister, Export, Government, Handicraft, Interest, Minister of Industry (Canada), Subsidy
Foreign Trade Policy to be Announced in First Week of April
Before the announcement of the Foreign Trade Policy in the first week of April 2013, the Union Minister of Commerce, Industry & Textiles Shri Anand Sharma chaired the Board of Trade meeting here today. Recognising the stress that our trade is going through, and the need to enhance exports, we will be supportive, said Shri… Read More
Tags: Anand Sharma, Board of Trade, Cabinet of India, Export, Far East, Foreign Trade Policy, Ministry of Commerce & Industry, Shri Sharma