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Corporate Laws Central Ministry of Commerce and Industry Foreign Trade (Development and Regulation) Act, 1992

DGFT amends the Guidelines for Interest Subvention Support for Pre- and Post-Shipment Export Credit under Export Promotion Mission

20-Mar-2026 | 33/2025-26

DGFT has issued a trade notice to amend the guidelines for Interest Subvention Support for Pre- and Post-Shipment Export Credit under the Export Promotion Mission. Key Highlights of the amendment : 1. The credit facility shall be eligible for the interest subvention benefit as per the ongoing directions of the Reserve Bank of India’s Consolidated Directions on Credit Facilities in force, including with respect to period and structure. 2. Interest subvention shall not be admissible from the date on which the loan account is classified as a Non-Performing Asset (NPA), and no subvention benefit shall be extended with effect from such date. 3. A new Unique Identification Number (UIN) shall be required to be generated reflecting the revised bank details in cases where the borrower changes the lending bank. 4. Interest subvention shall be applied only for the actual period the credit remained outstanding. Kindly refer to the attached document for more details.

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Government of Himachal Pradesh has notified the Second Amendment to the Himachal Pradesh Narcotic Drugs and Psychotropic Substances Rules, 1989

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