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Compliance plays a big part in helping Indian MSMEs grow exports

While challenges persist, the compliance levels of Indian MSMEs in terms of export have been gradually improving, say experts.

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Govt evaluating usefulness of interest equalisation scheme in promoting exports

Govt evaluating usefulness of interest equalisation scheme in promoting exports
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RBI notifies banks on interest equalisation scheme for rupee export credit

The Reserve Bank of India (RBI) on Thursday issued a notification to all the banks, stating that the government has allowed the extension of the Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit (Scheme) up to June 30, .

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RBI Notifies Banks On Interest Equalisation Scheme For Rupee Export Credit

RBI Notifies Banks On Interest Equalisation Scheme For Rupee Export Credit
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Areca nuts worth over Rs 5 cr seized at Mundra port

According to DRI, the perpetrators not only manipulated cargo descriptions but also provided false information about the non-existent importer's premises in the Importer Exporter Code (IEC) records. Further investigation is underway.

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