The government released Tk 17 billion for the payment of cash incentives to local exporters on their earnings.
It is the 1st installment of cash incentives for the July-September period of the current fiscal year (FY) 2021-22.
Export oriented sectors including Readymade Garment (RMG), frozen shrimp and others fish, leather items, jute and jute products will enjoy the incentives, according to a circular of Finance Division on Tuesday.
Of the amount, Tk 2.0 billion will be distributed for the jute sector while Tk 15 billion for other sectors, it said.
A special 1.0 per cent cash incentive support for the RMG industry has also been included in the installment.
The government provides cash incentive facility to exporters in more than 35 categories.
