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Bloomberg Quint

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Image Credit: Bloomberg Quint

Trump Tariffs: Interest Equalisation Scheme Likely To Be Brought Back In Relief For Exporters

  • The Union government is considering a relaunch of the Interest Equalisation Scheme, which is likely to be brought back within April, providing potential relief to exporters amid the reciprocal tariffs imposed by US President Donald Trump.
  • Exporters have demanded export credit guarantee coverage for shipments headed to newer geographies due to the diversification of exports.
  • The relaunch of the Interest Equalisation Scheme is expected to support exporters and help mitigate the impact of Trump's tariffs.
  • The decision to relaunch the scheme follows a meeting between Commerce Minister Piyush Goyal and exporters.

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