Government of India has approved the extension of Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit (‘Scheme’) up to March 31, 2024 or till further review, whichever is earlier. The extension takes effect from October 1, 2021 and ends on March 31, 2024. The Interest Equalisation Scheme (IES) was implemented on 1st April 2015. This was introduced to provide pre and post shipment credit to exporters in rupees. Under the IES, the government identifies eligible exporters and passes on the interest equalization amount they are entitled to directly to them. This scheme, which is also referred to as interest subvention export scheme for exporters, was designed to benefit the MSME segment in particular. It was originally implemented for five years.
What kind of infrastructure gives the highest impetus for a successful global financial center?
As per the International Financial Services Centres Authority (Global In-House Centres) Regulations, 2020 a Global In-House Centre may conduct its busin...
How many financial centres were researched for the Global Financial Centres Index (GFCI) 33 edition?
Which region poses significant competition to GFCs?
Who is the chairperson of the IFSCA?
Which city was included in the main index for the first time in Global Financial Centres Index (GFCI) 33?
As per the IRDA Act 1999, when IRDA was established, it replaced _______under Insurance Act 1938.
An anchor investor is one of the following:
Consider the following statements in regards to the Economic Survey of India 2022-23, chapter 11: External Sector
1. India diversified i...
On which date was the India International Bullion Exchange IFSC Limited (IIBX) launched?