To ensure cheaper funds for exporters and increase their global competitiveness, the Centre is looking at resuming the interest subvention scheme for select sectors such as handicrafts, carpets, readymade garments, processed agricultural products, sports goods and toys, and sub-sectors of engineering goods.The Commerce Ministry has asked the Finance Ministry to provide interest subsidy to at least some labour-intensive sectors in the new fiscal as its discontinuation this year had hurt exporters, especially those in the small and medium segment.

Source - http://www.thehindubusinessline.com