The scheme initially covered a 3% interest equalization rate, which was later revised to 5% in November, 2018. However, the rate was kept at 3% for large manufacturers and merchant exporters. The scheme covered labor-intensive sectors that accelerated the potential for employment generation in the country. The key sectors covered under the scheme include coir and coir products, toys
and sports items, readymade garments and fabrics, glass and glassware, handicrafts and handloom products
, ceramic products and cosmetics
, processed agricultural and food items
and toiletries, among others.