Business Mantra: Faridabad
Central Power Minister Mr. Piyush Goyal and Minister of State in PMO Mr. Jitendra Singh announced in a recent press conference:
- 3% of Interest Sub-vention(Subsidy) has been announced for MSME Exporters
- 416 items in 25 Sectors shall get benefit
- It shall be a Boost to mainly the following sectors:
- Food Processing
- All Labour intensive sectors like Handloom, Coir, Jute, Carpet, Garments etc.
- Lowering of interest cost would give our MSME Exporters a competitive support.
- Total Cost Estimated for the above mentioned incentives is expected to be Rs.2700 Crores to the Exchequer.