Apparel exporters seek 5% interest subvention to boost India's exports

thehindu.com [$]

Apparel exporters are requesting a boost in the interest subvention scheme to 5% to enhance India's apparel sector and exports. The Apparel Export Promotion Council (AEPC) wants the scheme increased from 2.75% to 5% for all exporters, removing annual caps. This aims to help achieve India's $1 trillion export target. AEPC also proposed relaxing export obligations, extending RoSCTL benefits, creating a Green Transformation Fund, and simplifying duty-free fabric imports.


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Apparel exporters seek 5% interest subvention to boost India's exports | News Minimalist