New Delhi, Jan. 2 -- Days after launching the market access support (MAS) intervention under the export promotion mission (EPM), the Centre on Friday rolled out two financial support measures to strengthen micro, small and medium enterprise (MSME) exports, including an interest subvention scheme and an export credit collateral guarantee.
Launched under the Niryat Protsahan sub-scheme of the EPM, the interventions are aimed at supporting smaller exporters facing working-capital and collateral constraints by lowering the cost of export credit and easing access to finance, the commerce ministry said in a statement.
The first measure provides interest support on pre- and post-shipment export credit, with a base interest subvention of 2.75% ...
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