Current Affairs · Government Schemes
Consider the following statements regarding the Niryat Protsahan sub-scheme under the Export Promotion Mission (EPM): 1. Interest subvention is provided for pre- and post-shipment export credit to reduce the cost of export finance for MSMEs. 2. The base interest subvention rate is 2.75% with a validity period of FY26-FY31. 3. The total budget outlay specifically for this interest subvention component is Rs 7,295 crore. Which of the statements given above is/are correct?
- 1All 1, 2, and 3
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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