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Interest subvention expanded for small iron and steel exporters boosting credit access

Economy
Published on 24 April 2026
Interest subvention expanded for small iron and steel exporters boosting credit access

Coverage now spans 167 iron and steel export categories

The government has extended interest subvention benefits to micro and small iron and steel enterprises exporting 167 specified product categories. The move is designed to improve their access to credit amid global pressures and builds on an earlier export support package. Medium-sized units, however, will not qualify for this particular subsidy.

  • Interest subvention extended to micro and small iron and steel exporters
  • Support covers 167 specific export product categories
  • Goal is to boost access to credit amid global challenges
  • Medium sector firms are not eligible
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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