Friday, December 12, 2025 | 03:10 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Cabinet approves incentives for exporters of select goods

Image

Reuters NEW DELHI

NEW DELHI (Reuters) - India's cabinet on Wednesday approved incentives amounting to 6 billion rupees ($85.51 million) for some goods exporters, in a move to push shipment of farm produce, textiles, leather and handicraft goods, a government statement said.

The exporters will get 3 percent interest subsidy on pre-shipment and post-shipment bank credit that is likely to make them more competitive in the global market, the statement said.

($1 = 70.1700 Indian rupees)

(Reporting by Manoj Kumar; Editing by Rashmi Aich)

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 02 2019 | 5:44 PM IST

Explore News