Interest equalisation scheme for exporters extended for another month

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Interest equalisation scheme for exporters extended for another month - Business Standard

Quick Summary:

In a trade notice, the Directorate General of Foreign Trade (DGFT) said, "Trade and industry is hereby informed that the Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, which had earlier been extended up to August 31 as a fund limited scheme, has been further extended for one month i.e., up to September 30, 2024".

The government has extended the interest equalisation scheme on pre- and post-shipment rupee export credit for one more month till September 30 to promote the country's outbound shipments.

The scheme, which provides exporters interest benefits, ended on August 31.