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:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

India-Nepal Ties

REUTERS SHOWCASE

Tackling Food Prices

Tackling Food Prices

India to free up extra 10 million tonne wheat in open market  Full Article 

Facebook Results

Facebook Results

Facebook beats Wall Street targets, stock hits record high  Full Article 

GM Recall

GM Recall

GM recalls 717,950 vehicles in U.S., not for ignition switches  Full Article 

Hyundai Motor Results

Hyundai Motor Results

Hyundai Motor Q2 profit slips as firmer won, U.S. discounts hurt  Full Article 

Nokia Results

Nokia Results

Nokia raises networks outlook after Q2 profit beats estimates  Full Article 

Factory Sector

Factory Sector

China July HSBC flash PMI at 18-month high of 52.0   Full Article 

Breakingviews

Breakingviews

Apple winds up earnings hope for new gadgets  Full Article 

Reuters India Mobile

Reuters India Mobile

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