Indian leather sector to receive subsidy
11/08/2010
According to reports, the Reserve Bank of India (RBI) has extended its interest subsidy scheme to three additional sectors.
The segments that will benefit from the 2% subsidy for export credit are: leather and leathergoods, jute goods and textiles.
The scheme was initially introduced in April for the handicrafts, carpets and handloom industries, among others. It will remain in place until March 31, 2011.
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