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Dec 09, 2022
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Centre may consider increasing interest subsidy for MSME manufacturers and exporters
Trade, import and export for MSMEs: The union government is contemplating to raise the interest subsidy from 3 per cent to 5 per cent for micro, small and medium manufacturers, and from 2 per cent to 3 per cent for manufacturer-exporters and merchant-exporters exporting under 410 tariff lines, as per a report by Mint. The subsidy would come across as a relief for the concerned exporters following the rising interest rates.
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