Question
As per RBI guidelines, interest subvention on pre- and
post-shipment export credit has been operationalised under which mission?ÂSolution
The RBI has operationalised interest subvention on export credit under the Niryat Protsahan (Export Promotion Mission). This scheme aims to make Indian exports more competitive by reducing borrowing costs for exporters at both pre-shipment and post-shipment stages.Â
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