Govt. decided to release Rs. 56,027 crore under various Export Promotion Schemes
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- By Chetan Kulasri
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- Last Updated on 13 September, 2021
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Press Release Dated September 9th, 2021
The Government of India has provided a massive relief to the exporters and decided to budget Rs 56,027 crore in this Financial Year i. e. FY 21-22 in order to disburse all pending export incentives due to exporters. This amount is over and above duty remission of Rs 12,454 crore for the RoDTEP scheme and Rs 6,946 crore for RoSCTL scheme already announced. This support would have a multiplier effect and spur employment generation. The benefits would be disbursed to more than 45,000 exporters, out of which about 98% are small exporters in the MSME category.
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