Reuters: Money News: India raises interest subsidy to prop up weak exports

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India raises interest subsidy to prop up weak exports Jul 31st 2013, 09:12 NEW DELHI (Reuters) - India has increased an interest subsidy for some export goods to 3 percent from 2 percent and has extended that subsidy to include more items in a bid to prop up the country's flagging overseas sales, Trade Minister Anand Sharma said on Wednesday.

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