IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 09 Aug 2010 | Removal date: 31 Mar 2011
Still in force

Other export incentive

 On 9 August 2010, the Reserve Bank of India through Circular DBOD. Dir.(Exp).BC. No.36 /04.02.001/2010-11 increased the sectors eligible for the interest rate subvention scheme for rupee export credit for the period 1 April 2010 to 31 March 2011.
 
64 products under the following sectors have been added to the scheme - 

  • Leather and Leather Manufacturers
  • Jute Manufacturing including Floor covering
  • Engineering Goods
  • Textiles

 
The subvention scheme provides a 2% interest reduction on pre-shipment and post-shipment Rupee export credit for employment oriented export sectors. The sectors covered under the scheme already include Handicrafts, Handlooms, Carpets and Small and Medium Enterprises.

The measure is effective from 1 April 2010 however the implementation date is set at 9 August 2010 as trade flows for the stated sectors may only have been affected after the announcement.
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

263 Textile yarn & thread of natural fibres
5205 Cotton yarn (other than sewing thread), containing 85 % or more by weight of cotton, not put up for retail sale.
520522 Measuring less than 714.29 decitex but not less than 232.56 decitex (exceeding 14 metric number but not exceeding 43 metric number)
5307 Yarn of jute or of other textile bast fibres of heading 53.03.
530720 Multiple (folded) or cabled
267 Woven fabrics of man-made filaments & staple fibres
5407 Woven fabrics of synthetic filament yarn, including woven fabrics obtained from materials of heading 54.04.
540710 Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters
271 Made-up textile articles
6304 Other furnishing articles, excluding those of heading 94.04.
630492 Not knitted or crocheted, of cotton
282 Wearing apparel, except fur apparel
4203 Articles of apparel and clothing accessories, of leather or of composition leather.
420329 Other
6104 Women's or girls' suits, ensembles, jackets, blazers, dresses, skirts, divided skirts, trousers, bib and brace overalls, breeches and shorts (other than swimwear), knitted or crocheted.
610419 Of other textile materials
6105 Men's or boys' shirts, knitted or crocheted.
610510 Of cotton
6106 Women's or girls' blouses, shirts and shirtblouses, knitted or crocheted.
610690 Of other textile materials
6108 Women's or girls' slips, petticoats, briefs, panties, nightdresses, pyjamas, negligees, bathrobes, dressing gowns and similar articles, knitted or crocheted.
610821 Of cotton
6203 Men's or boys' suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches and shorts (other than swimwear).
620319 Of other textile materials
411 Basic iron & steel
7202 Ferroalloys.
720211 Containing by weight more than 2 % of carbon
7207 Semifinished products of iron or nonalloy steel.
720719 Other
412 Products of iron or steel
7208 Flatrolled products of iron or nonalloy steel, of a width of 600 mm or more, hotrolled, not clad, plated or coated.
720825 Of a thickness of 4.75 mm or more
720839 Of a thickness of less than 3 mm
7209 Flatrolled products of iron or nonalloy steel, of a width of 600 mm or more, coldrolled (coldreduced), not clad, plated or coated.
720918 Of a thickness of less than 0.5 mm
7210 Flatrolled products of iron or nonalloy steel, of a width of 600 mm or more, clad, plated or coated.
721049 Other
721061 Plated or coated with aluminiumzinc alloys
7219 Flatrolled products of stainless steel, of a width of 600 mm or more.
721934 Of a thickness of 0.5 mm or more but not exceeding 1 mm
7222 Other bars and rods of stainless steel; angles, shapes and sections of stainless steel.
722220 Bars and rods, not further worked than coldformed or coldfinished
7304 Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel.
730429 Other
730490 Other
7305 Other tubes and pipes (for example, welded, riveted or similarly closed), having circular crosssections, the external diameter of which exceeds 406.4 mm, of iron or steel.
730511 Longitudinally submerged arc welded
7306 Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel.
730690 Other
7307 Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel.
730721 Flanges
730791 Flanges
415 Unfinished products of copper, nickel, aluminium, lead, zinc or tin
7408 Copper wire.
740811 Of which the maximum crosssectional dimension exceeds 6 mm
7606 Aluminium plates, sheets and strip, of a thickness exceeding 0.2 mm.
760612 Of aluminium alloys
421 Structural metal products & parts
7308 Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridgesections, lockgates, towers, lattice masts, roofs, roofing frameworks, doors and windows and their frames and thresholds for doors,
730840 Equipment for scaffolding, shuttering, propping or pitpropping
429 Other fabricated metal products
7312 Stranded wire, ropes, cables, plaited bands, slings and the like, of iron or steel, not electrically insulated.
731210 Stranded wire, ropes and cables
7318 Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotterpins, washers (including spring washers) and similar articles, of iron or steel.
731815 Other screws and bolts, whether or not with their nuts or washers
7325 Other cast articles of iron or steel.
732510 Of nonmalleable cast iron
732599 Other
7326 Other articles of iron or steel.
732619 Other
7614 Stranded wire, cables, plaited bands and the like, of aluminium, not electrically insulated.
761410 With steel core
761490 Other
431 Engines & turbines & parts
8408 Compressionignition internal combustion piston engines (diesel or semidiesel engines).
840890 Other engines
432 Pumps, compressors, hydraulic & pneumatic power engines; parts
8481 Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressurereducing valves and thermostatically controlled valves.
848180 Other appliances
433 Bearings, gears, gearing & driving elements; parts
8482 Ball or roller bearings.
848299 Other
8483 Transmission shafts (including cam shafts and crank shafts) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball or roller screws; gear boxes and other speed changers, including torque converters; flywheels and pulleys, including
848310 Transmission shafts (including cam shafts and crank shafts) and cranks
848340 Gears and gearing, other than toothed wheels, chain sprockets and other transmission elements presented separately; ball or roller screws; gear boxes and other speed changers, including torque converters
439 Other general-purpose machinery & parts
8415 Air conditioning machines, comprising a motordriven fan and elements for changing the temperature and humidity, including those machines in which the humidity cannot be separately regulated.
841590 Parts
8419 Machinery, plant or laboratory equipment, whether or not electrically heated (excluding furnaces, ovens and other equipment of heading 85.14), for the treatment of materials by a process involving a change of temperature such as heating, cooking, roasting
841989 Other
841990 Parts
8421 Centrifuges, including centrifugal dryers; filtering or purifying machinery and apparatus, for liquids or gases.
842199 Other
8487 Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.
848790 Other
441 Agricultural or forestry machinery & parts
8701 Tractors (other than tractors of heading 87.09).
870190 Other
442 Machine-tools & parts
8466 Parts and accessories suitable for use solely or principally with the machines of headings 84.56 to 84.65, including work or tool holders, selfopening dieheads, dividing heads and other special attachments for machinetools; tool holders for any type of
846693 For machines of headings 84.56 to 84.61
444 Machinery for mining, quarrying & construction; parts
8431 Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30.
843149 Other
461 Electric motors, generators & transformers; parts
8502 Electric generating sets and rotary converters.
850211 Of an output not exceeding 75 kVA
850231 Windpowered
8503 Parts suitable for use solely or principally with the machines of heading 85.01 or 85.02.
850300 Parts suitable for use solely or principally with the machines of heading 85.01 or 85.02.
463 Insulated wire & cable; optical fibre cables
8544 Insulated (including enamelled or anodised) wire, cable (including coaxial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with
854449 Other
854460 Other electric conductors, for a voltage exceeding 1,000 V
481 Medical & surgical equipment & orthopaedic appliances
9018 Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electromedical apparatus and sighttesting instruments.
901890 Other instruments and appliances
491 Motor vehicles, trailers & semi-trailers; parts
8702 Motor vehicles for the transport of ten or more persons, including the driver.
870210 With compressionignition internal combustion piston engine (diesel or semidiesel)
8708 Parts and accessories of the motor vehicles of headings 87.01 to 87.05.
870840 Gear boxes and parts thereof
493 Ships
8904 Tugs and pusher craft.
890400 Tugs and pusher craft.
8905 Lightvessels, firefloats, dredgers, floating cranes and other vessels the navigability of which is subsidiary to their main function; floating docks; floating or submersible drilling or production platforms.
890590 Other

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