However, the medium sector units are not eligible for this measure.
In January, the government announced a Rs 7,295-crore export support package, comprising a Rs 5,181-crore interest subvention scheme along with a Rs 2,114-crore collateral support, to improve exporters’ access to credit.
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Both measures will be rolled out over a period of six years (2025-2031).
The Directorate General of Foreign Trade (DGFT) has said in a trade notice that these 167 product categories “shall be eligible for interest subvention only in respect of export credit availed by micro and small enterprises”.
In a separate notification, the government has imposed export curbs on certain grades of Baryte, used in paints, plastics and in the oil and gas drilling sectors, amidst the West Asia crisis, according to a notification.
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Products under the restricted category need a license from the Directorate for exports.