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The union Budget 2009-10 which was presented by Pranab Mukherjee has come up with the following proposals for the export sector:-
- Market development assistance schemes allocation up by 180% to 124 cr
- Interest financial assistance extended to March 2010 for employment extensive export sector and cover sectors like handicrafts and handlooms
- Special funds for small industries development bank is about Rs 400 cr.
- Focus to maintain momentum in exports
- 2% Interest funding for exporters
- Allocation for market development assistance scheme enhanced by 148%
- Handloom mega clusters to be set up in Rajasthan, West Bengal and Tamil Nadu
- Export Credit Guarantee scheme to be extended till March 2010
