SME Times News Bureau | 11 Feb, 2019
Minister
of State for Micro, Small and Medium Enterprises, Giriraj Singh, on Monday said
that value of MSME related products’ exported during
2017-18 has reached USD 147,390.08 million.
As per the information received from Directorate General of
Commercial Intelligence and Statistics (DGCIS), exports of MSME products has
reached USD 147,390.08 million during 2017-18, Singh said to a question in Lok Sabha.
Singh
further informed that the Government has taken several measures to enhance
exports by MSMEs.
These
include efforts made under Make in India Programme, Promotion of Ease of Doing
Business, improved availability of credit through MUDRA, Stand up India,
schemes such as 'Merchandise Exports from India Scheme' (MEIS) for
incentivising export of specified goods to specified markets and 'Service
Exports from India Scheme' (SEIS), etc.
H also
mentioned about 2 percent interest subvention for all GST registered MSMEs on
fresh or incremental loans and increase in interest rebate from 3 percent to 5
percent for exporters who receivepre-shipment and post-shipment loans.