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Thereafter, those exporters who managed to meet a set export target for three consecutive years during a five-year period were eligible to have their loans converted to grants.
But those deals make up little more than a third of the government's export target for 2000, without any other buyers in sight.
Nath says India's export target for 2008 is $500 billion, four times this year's figure.
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Nevertheless, Mr Nath went ahead and set a very ambitious merchandise export target of US$200bn for the current fiscal year.To help achieve that objective, the supplement announced a number of measures to increase exports.
The government recently acknowledged it was unlikely to meet its export target of $160 billion for the year.
"Ambitious sales and export targets are in place for 2017, but the rapid progress so far means we are having to upscale our ambitions already".
It is all well and good setting export targets, but we need goods to export.
At the beginning of the 2008/09 fiscal year (April-March), encouraged by the robust export performance of the past few years, the government set an ambitious target for goods exports of US$200bn, against the US$162bn achieved in 2007/08.
The target for manufacturing export growth over the four years was 20% but just 4.9% was achieved.
The lipid A export system is a potential target for the development of novel antibiotics.
These two PTEX subunits drive export and are targets for the design of a novel class of antimalarials: protein export inhibitors.
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CEO of Professional Science Editing for Scientists @ prosciediting.com