(a) whether the Government is considering the need for special relief package for Small Scale Industry exporters;
(b) if so, the details thereof; and
(c) if not, the reasons therefor?
(a) whether the Government is considering the need for special relief package for Small Scale Industry exporters;
(b) if so, the details thereof; and
(c) if not, the reasons therefor?
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SHRI JYOTIRADITYA M. SCINDIA)
(a) to (c) Union Budget 2009-10, provides a number of incentives for the promotion of
export, which include extension of interest subvention of 2% on preshipment credit for seven
employment oriented export sectors upto 31.03.2010; provision of Rs.4,000 crores as special
fund out of Rural Infrastructural Development Fund (RIDF) to Small Industries Development
Bank of India (SIDBI); extension of Adjustment Assistance Scheme to provide enhanced Export
Credit and Guarantee Corporation cover at 95 per cent to badly hit sectors extended upto March
2010, etc. Foreign Trade Policy (2009-14) also prescribes a number of measures for the
promotion of exports. These measures apply to Small Scale Industry exporters also.