New Delhi: Amid global economic problems, the government on Tuesday unveiled 7-point strategy to boost exports which include extension of interest subsidy scheme by one year till March 31, 2013.

READ MORE

New guidelines to revive SEZs: Govt

"We have now decided to extend the scheme (interest subvention) for another year till March 31, 2013 and expand its coverage to include other labour-intensive sectors namely toys, sports goods, processed agricultural products and ready made garments", commerce minister Anand Sharma said while releasing annual supplement to the foreign trade policy at New Delhi.

"The underline philosophy of this year's supplement is based on seven broad principles", he said, adding these would include added thrust on employment-intensive industry and continuation of market diversification strategy.

(Agencies)

Latest News from Business News Desk