India extends interest payment support scheme - RBI

MUMBAI Mon Jan 14, 2013 8:38pm IST

Related Topics

MUMBAI (Reuters) - The Indian government has extended a 2 percent interest payment subsidy on rupee export credits to March 31, 2014 for certain employment-oriented sectors, the RBI said in a statement on Monday.

The scheme was supposed to end on March 31 this year.

Sectors including handicrafts, carpet manufacturing and handlooms will be able to benefit, the Reserve Bank of India said in a statement. (Reporting by Shamik Paul; Editing by John Stonestreet)

FILED UNDER:

Reuters Showcase

Uber's Woes

Uber's Woes

Uber, other taxi-hailing apps hit new roadblock in Delhi.  Full Article 

Transfer Pricing

Transfer Pricing

India's Vodafone decision eases tax worries for Shell, others.  Full Article 

Facebook Earnings

Facebook Earnings

Facebook tops Wall Street revenue target in 4th quarter.  Full Article 

Governance Reforms

Governance Reforms

IMF sets June deadline for progress on governance reforms.  Full Article 

Fed's Stance

Fed's Stance

Fed upbeat on U.S. economy, cites strong job gains.  Full Article 

Tumultuous Run

Tumultuous Run

McDonald's CEO Don Thompson leaving.  Full Article 

Samsung Results

Samsung Results

Samsung Elec's smartphone primacy under threat from Apple after weak Q4.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage