DGFT has launched an Interest Subvention scheme for Pre- and Post-Shipment Export Credit under the Export Promotion Mission (EPM) – Niryat Protsahan. The scheme offers an interest subvention of 2.75% per annum, applicable to pre- and post-shipment export credit, with a maximum benefit of Rs 50 lakh per financial year per exporter. The subvention is available only for eligible MSME manufacturer and merchant exporters under a notified list of HSN six-digit tariff lines, following RBI guidelines on export credit.