RBI interest subsidy scheme
March 9, 2022
RBI interest subsidy scheme Subject: Economy Section: Monetary Policy Exporters get subsidy under the ‘Interest Equalisation Scheme for pre and post-shipment Rupee Export Credit’. Under the scheme, large manufacturing and merchant exporters get an interest subsidy of 3% on pre- and post-shipment rupee credit for the outbound shipment of 416 products (tariff lines). […]