Govt approves â¹600 cr subsidy for exporters of select goods
The government on Wednesday approved incentives amounting to â¹600 crore to merchant exporters of select goods to enhance liquidity with a view to boosting outbound shipments. The exporters will get 3% interest subsidy on pre-shipment and post-shipment bank credit. The move aims to boost export of farm produce, textiles, leather and handicraft goods.