The Economic TimesMay 4, 2022Interest Equalisation Scheme: How to apply for loans from banks at concessional ratesThe Interest Equalisation Scheme (IES) has come as a boon for exporters, especially the MSMEs, since the Commerce Ministry launched it in 2015.Through this scheme, exporters get access to reduced cost of capital. This makes it a popular scheme among the country’s exporting community.Industry reports say the scheme has provided some breathing space to a large number of SME exporters who saw their working capital shrink considerably in the wake of the pandemic.Read more at The Economic Times
The Interest Equalisation Scheme (IES) has come as a boon for exporters, especially the MSMEs, since the Commerce Ministry launched it in 2015.Through this scheme, exporters get access to reduced cost of capital. This makes it a popular scheme among the country’s exporting community.Industry reports say the scheme has provided some breathing space to a large number of SME exporters who saw their working capital shrink considerably in the wake of the pandemic.Read more at The Economic Times
