Manmade and Technical Textiles Export Promotion Council (MATEXIL)

Interest Equalization Scheme

Circular No. ES/Cir/02/2023-24                                                              26th May, 2023            


To: Members of the Council 

Sub : Interest Equalization Scheme

Dear Sir / Madam,  


DGFT has issued Trade Notice No. 5 dated May 25, 2023 to put a cap of Rs. 10 crores on the benefit of the Interest Equalization Scheme. This cap will be per IEC for a financial year.  


Copy of the Trade Notice is enclosed herewith (click to download). 

This is for your information.

In case, you need any further clarification in the matter please get in touch with us or send us your query on the email ID : 


Thanking You,



A. Ravi Kumar

Executive Director


Encl: Trade Notice (click to download)