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RBI extends interest subvention scheme to textile sector
11 Aug '10
1 min read
The Reserve Bank of India (RBI) has extended the interest subsidy scheme of two percent on rupee export credit to other new additional sectors.
These additional sectors include; leather and leather manufacturers, jute manufacturing, engineering goods and textiles.
Earlier the scheme had been announced for sectors like handicrafts, carpets, handlooms and small and medium enterprises (SMEs).
The interest subvention scheme will be available from April 1, 2010 to March 31, 2011.
Click here to read the notification
These additional sectors include; leather and leather manufacturers, jute manufacturing, engineering goods and textiles.
Earlier the scheme had been announced for sectors like handicrafts, carpets, handlooms and small and medium enterprises (SMEs).
The interest subvention scheme will be available from April 1, 2010 to March 31, 2011.
Click here to read the notification
Fibre2fashion News Desk - India
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