Exporters affected by the global recession, the government on Wednesday announced several exports a

Exporters affected by the global recession, the government on Wednesday announced several exports and imports additional incentives. The interest subsidy of two per cent lead time for a year and has been extended exports and imports to March 2014. Commerce and Industry Minister Anand Sharma Exim Bank through its project with two percent interest subsidy on exports has decided to launch a pilot scheme. Simultaneously, the Ministry of April - June 2013 January - March, 2012 increased compared to the base period of the promotion has decided to export. Sharma said here that these incentives will increase exports through the final quarter. The objective is to stabilize the situation and to move on to positive from negative to keep the trade deficit under control. In the April-November period of the current fiscal, exports have declined 5.95 per cent to $ 189.2 billion. Sharma said the export target of $ 360 billion in the current fiscal exports and imports year is difficult to achieve. (Language)