India’s cabinet will consider proposals for a broad support package for exporters hit by the US tariffs, people familiar with the matter said, as the South Asian nation braces for an uncertain future with its largest export destination.
The Ministry of Commerce and Industry has proposed measures to ease liquidity for exporters through collateral-free loans and subsidized interest rates, according to the people, who asked not to be identified as the information isn’t public. The cabinet may take up the plan at its meeting on Wednesday or in the coming days, the people said.
The relief measures are expected to ...
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