Raja M Shanmugham, President said he thanked the Hon’ble Union Minister of Finance, Nirmala Sitharaman for the announcement of new measures to boost exports and specifically appreciated for considering the continuance of MEIS at 4 percent till December end. Raja M Shanmugham also thanked for Priority Sector Lending (PSL) norms for export credit under consideration of RBI and releasing an additional Rs. 36,000 cr to Rs. 68,000 cr as Export Credit under Priority Sector.
