However, the medium sector units are not eligible for this measure.
In January, the government announced a Rs 7,295-crore export support package, comprising a Rs 5,181-crore interest subvention scheme along with a Rs 2,114-crore collateral support, to improve exporters’ access to credit.
Both measures will be rolled out over a period of six years (2025-2031).
The Directorate General of Foreign Trade (DGFT) has said in a trade notice that these 167 export credit availed by micro and small enterprises”.
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In a separate notification, the government has imposed export curbs on certain grades of Baryte, used in paints, plastics and in the oil and gas drilling sectors, amidst the West Asia crisis, according to a notification.
“Export policy of Baryte (Natural Barium Sulphate) is amended on a grade-wise basis by placing Grade A and Grade B under the restricted category and retaining Grade CDW under the free category,” the DGFT has said.
Products under the restricted category need a licence from the Directorate for exports.