Interest subvention schemes reduce the cost of export credit by offering subsidized interest rates on pre-shipment and post-shipment finance. Introduced to support exporter liquidity, especially for MSMEs, these schemes are implemented through banks with reimbursement via RBI. Exporters must meet eligibility criteria, file intent on the DGFT portal, and comply with FEMA norms to avail benefits. Effective planning ensures maximum savings and regulatory compliance.
The Interest Subvention Scheme for MSME Exporters has been a hot topic in trade circles lately, especially with the recent government announcements under the Export Promotion Mission (EPM) – Niryat Protsahan. If you're an exporter or importer dealing with international…
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