The circular provide operational guidance for implementing the Government of India’s Interest Subvention Scheme for pre and postshipment export credit under the Export Promotion Mission (EPM) Niryat Prothsahan, introduced on a pilot basis. Lending institutions are directed to extend the interest subvention strictly in line with the operational instructions issued by DGFT. They are required to ensure that the benefit is provided only for eligible export credit and that all claims are submitted as per the prescribed procedures.