Support by Government
Interest subvention increased on pre- and post-shipment credit for exports by MSMEs from 3 per cent to 5 per cent.
Basic Customs Duty increased from 10 per cent to 20 per cent on import of 23 knitted garments items.
MEIS incentive continued at 4 per cent beyond 30th June 2018.
Decreased duty-draw back rates.
RoSL claims have not been cleared for the past three months.