Vishesh Krishi And Gram Udyog Yojana
Vishesh Krishi And Gram Udyog Yojana (VKGUY) compensates the high transport costs (from village to port / airport for export) and offset other disadvantages to promote exports of the following products:
- Agricultural Produce and their value added products;
- Minor Forest Produce and their value added variants;
- Gram Udyog Products;
- Forest Based Products; and other such products notified.
What is actually done in this scheme is that government returns the 5 % of FOB value of exports (in free foreign exchange) as the so called Duty Credit Scrip. In case of Flowers, Fruits, Vegetables, this is 2%.
Topics: Government Schemes India