Related Keywords: accounts six percent of total exports, at affordable rates, Commerce Ministry, considering interest subsidy scheme for textile sector, demand extension of interest subvention scheme, FIEO, including garments, provide credit to exporter, textile export facing declining trend, to boost shipments
Federation of Indian Export Organisations (FIEO) has demanded extension of interest subvention scheme with retrospective effect from April 2014 as Indian textile exports is currently facing declining trend and also the textiles sector accounts for about six percent of the country's total exports, hence there is a need to support this sector by providing credit to exporters at affordable rates.
