Interest equalization Scheme (IES) to exporters taking PLI Benefits

Earlier on 8th March, 2022, RBI has extended interest equalization scheme (IEC) on pre shipment and post shipment credit to the exporter from up to 31.03.2024 or till further review, whichever is earlier. Currently, MSME manufacturer exporters are eligible for 3% interest benefit and other exporters are eligible for 2% interest benefit on their export …

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