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Dept. of Financial Services
Ministry of Finance,
Government of India
National E-Governance Plan
Public Grievances
Invest India
Tenders
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Programmes/Schemes
Promotion and support of Women Self Help Groups in Backward Districts of India(388 KB) 
- Bankwise Data on Agricultural Debt Waiver and Debt Relief Scheme, 2008
- Clarifications on queries raised by lending institutions on Agricultural Debt Waiver Debt Relief Scheme, 2008 (206 KB)
GoI Interest Subvention Scheme for Short Term Crop Loans 2011-12(81 KB)
Interest Subvention on Pre and Post shipment Export Credit
With a view to insulate the employment oriented export sectors from the global slowdown, Government of India decided to extend interest subvention of 2% w.e.f. 1.12.2008 till March 31, 2010 on pre and post shipment credit, for seven employment oriented export sectors i.e. textiles (including handlooms), handicrafts, carpets, leather, gems & jewellery, marine products and SME sector. Further the Government has extended Interest Subvention of 2 percentage points w.e.f. April 1, 2010 to March 31, 2011 on pre and post shipment rupee credit, for certain employment oriented export sectors i.e. Handicrafts, Carpets, Handlooms and Small & Medium Enterprises (SME).
The subvention would be provided to the Banks through RBI as per existing RBI guidelines. As per these guidelines, banks charge interest rate not exceeding BPLR minus 2.5 percent on rupee pre-shipment credit upto 270 days and post-shipment credit upto 180 days. From 1.12.2008 onwards till the subvention is operative, Banks are to charge interest rate not exceeding BPLR minus 4.5 percent on rupee pre-shipment credit upto 270 days and post-shipment credit upto 180 days on the outstanding amount in these sectors. However the total subvention will be subject to the condition that the interest rate, after subvention will not fall below 7 percent which is the rate applicable to the agriculture sector under priority sector lending. The banks are required to ensure that the benefit of 2 percent subvention is passed on completely to the eligible exporters.