Indian government extends Interest Equalisation Scheme for MSME exporters until September 2024.

The Indian government has extended the Interest Equalisation Scheme for pre- and post-shipment rupee export credit for MSME manufacturers until September 30, 2024. Initially set to conclude on August 31, this scheme aims to support the export sector amid global economic challenges. An additional allocation of Rs 2,500 crore has been approved to sustain the initiative, which helps exporters access competitive rupee credit rates.

September 04, 2024
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