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Directorate General of Foreign Trade issues details of interest subvention
Updated : 4 months, 3 weeks ago IST
The scheme is jointly implemented by DGFT and the Reserve Bank of India (RBI) and applies to both pre-shipment and post-shipment export credit in rupees. The interest subvention is benchmarked against repo rates of India and comparable economies.
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Export Promotion Mission welcomed but faces major operational hurdles: GTR
Updated : 6 months, 1 week ago IST
The Global Trade Research Initiative (GTRI) has said that while the Union Cabinet's approval of the Rs25,060-crore Export Promotion Mission (EPM) is a step forward, the initiative still faces significant implementation hurdles and funding constraints.
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