India limits interest subvention scheme to micro and small steel exporters
Only eligible exporters can claim credit-linked interest subsidy
Change
India restricted interest subvention benefits to micro and small enterprises exporting specified iron and steel products.
Why it matters
Medium enterprises are excluded, and eligibility is limited to defined product categories and export credit usage.
Implications
- — Eligibility restricted — fewer exporters benefit
- — Compliance required for claims — documentation needed
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