New Delhi, Dec. 22 -- Exporters' prolonged wait for detailed operational guidelines for the new edition of the Interest Equalisation Scheme (IES) on pre- and post-shipment rupee export credit may end shortly, possibly this week, according to official sources.

However, the scope of benefits is expected to remain largely confined to the micro, small and medium enterprises (MSME) sector, with the interest subsidy rate likely capped at not more than 3 per cent.

Limited Expansion Despite Exporter Demands

Exporters have been seeking wider sectoral coverage and a higher subsidy rate, particularly amid elevated global uncertainties and the impact of US tariffs. The Finance Ministry, however, has remained cautious, citing concerns over the sche...