ANNOUNCEMENT 26 Dec 2012
In December 2012, the government of India announced a change in financial export support.NUMBER OF INTERVENTIONS
1
SOURCE
http://pib.nic.in/newsite/erelease.aspx?relid=91178
RBI DBOD.Dir.(Exp)BC.No.70/04.02.001/2012-13 (14 January 2013)
http://www.rbi.org.in/scripts/NotificationUser.aspx?Id=7804&Mode=0#encl
On 26 December 2012, the Indian Ministry of Commerce and Industry introduced the following amendments to the 2% interest subvention scheme:
The scheme provides interest aid of 2% to exporters of the specified products.