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Global Trade Alert

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India: Interest subvention scheme extended to readymade garments

Description

On 12 October 2009, the Reserve Bank of India through Circular DBOD. Dir.(Exp).BC. No. 48/04.02.001/2009-10 extended the 2% interest subvention scheme on Rupee export credit to include exports of rea...

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Intervention Details

Intervention Type

Other export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

12 Oct 2009

Revocation date

31 Mar 2010

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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