GSTnews item22 November 2015

Government announces 3% interest subsidy to boost exports

News Update

Government announces 3% interest subsidy to boost exports

Published Date: Nov 23, 2015
Source: ICAI PD Committee
Concerned over continuous decline in exports, government today announced 3 per cent interest subsidy scheme for exporters which will have a financial implication of about Rs 2,700 crore. The decision to help boost overseas shipments was taken at a meeting of Cabinet Committee on Economic Affairs headed by Prime Minister Narendra Modi.
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