Try GOLD - Free
3% interest subsidy to MSME exporters
Financial Express Lucknow
|October 13, 2025
THE SUBSIDISED INTEREST rates on preand post-shipment rupee export credit for exporters were initially launched on April 1,2015, for a five-year period.
-
It has been extended multiple times with benefits capped at ₹50 lakh per exporter per Import Export Code (IEC).
The interest equalisation scheme has been credited with enhancing export volumes by reducing effective bank interest rates to 5-7% from 9-12%. It ended in December 2024.
The credit costs of Indian exporters range between 812% while the export credit in countries they are competing with is priced at 2-3%. Exporters say the scheme is needed urgently again to bridge the gap in cost of funds.
This story is from the October 13, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Lucknow
Financial Express Lucknow
The role of language in shaping identity
China’s new gender-neutral pronoun is part of a global linguistic shift
3 mins
January 11, 2026
Financial Express Lucknow
Democracy in decay
How the ideals of the Constitution fail to percolate down to the masses
2 mins
January 11, 2026
Financial Express Lucknow
India, EU express strong will to conclude FTA early
TRADE TALK
2 mins
January 11, 2026
Financial Express Lucknow
Budget likely to focus on debt goals & fiscal deficit
More investment, efficiency for high growth: EAC head 'Strong turnaround for banking'
1 min
January 11, 2026
Financial Express Lucknow
Tradition with a twist
Piyush Mohnani, marketing head of fashion brand Asuka Couture.
3 mins
January 11, 2026
Financial Express Lucknow
A new sheriff in town
TWO HUNDRED YEARS after the Monroe Doctrine was declared by the 5th President of the United States, and despite the widespread doubt about its power and efficacy, the doctrine was invoked by the 47th President of the United States.
3 mins
January 11, 2026
Financial Express Lucknow
Moroccan cave fossils yield a missing link in human origins
The new finding has a potential to revise theories on early human evolution
4 mins
January 11, 2026
Financial Express Lucknow
DIY URBANISM
How residents are cleaning, greening and reclaiming their cities, one filthy river, dumping ground, or neglected corner at a time
3 mins
January 11, 2026
Financial Express Lucknow
Greenland’s party leaders dismiss US control proposal
GREENLAND'S PARTY LEADERS have rejected President Donald Trump’s repeated calls for the US to take control of the island, saying that Greenland’s future must be decided by its people.
1 min
January 11, 2026
Financial Express Lucknow
Scientists find oldest poison residues on 60,000-year-old arrows
The poison hints at how far back in history humans have been using it for survival
2 mins
January 11, 2026
Listen
Translate
Change font size