Trade and Industry is hereby informed that the Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, which had earlier been extended up to 30.06.2024 as a fund limited scheme, has been further extended for two months i.e., up to 31.08.2024.
However, this extension is applicable only for MSME exporters, and for such extended period, the total outlay of the scheme is capped at Rs 750 crore. Apart from that, such extension is made with the same terms and conditions as the present scheme.
Claims of non-MSME exporters are not to be entertained beyond June 30, 2024.
Guidelines issued by Reserve Bank of India and relevant RBI notifications issued from time to time on this subject may be referred.
(Issued from File No. 01/94/180/341/AM20/PC-4)
Sd/-
K. M. Harilal
Jt. Director General of Foreign Trade, DGFT (HQ)
Issued by: Government of India
Ministry of Commerce and Industry
Department of Commerce, Directorate General of Foreign Trade