(a) whether the Government proposed to remove interest subvention scheme on handicrafts,
carpets, handlooms and small and medium enterprises;
(b) if so, the details thereof and the reasons therefor;
(c) whether the Government has sought opinion of the related industries in this regard; and
(d) if so, the details thereof and if not, the reasons therefor?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)
(a): No Sir.
(b) & (c): Does not arise.
(d): Government of India has extended the scheme of interest subvention of 2% on rupee
export credit with effect from April 1, 2011 to March 31, 2012 to the following sectors:
i. Handicrafts
ii. Handlooms
iii. Carpet
iv. Small and Medium Enterprises (SMEs).