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Cabinet Clears Rs 25,060 Crore Export Mission, Backs Rs 20,000 Crore Credit Guarantees

The package consolidates export support into a digital, DGFT-run framework to cushion MSMEs from the 50% US tariff shock.

Overview

  • Approved for FY2025–26 to FY2030–31, the Export Promotion Mission totals Rs 25,060 crore and consolidates legacy programmes into two tracks: Rs 10,401 crore Niryat Protsahan for affordable trade finance and Rs 14,659 crore Niryat Disha for compliance, branding and logistics support.
  • DGFT will implement the mission through a dedicated digital platform integrating application, approval and disbursal with existing trade systems.
  • The Credit Guarantee Scheme for Exporters authorises up to Rs 20,000 crore in additional facilities with 100% NCGTC coverage, offering collateral-free working capital up to 20% of sanctioned export limits with guarantees on loans up to Rs 50 crore and oversight by a DFS-led committee through March 31, 2026.
  • Priority assistance targets sectors hit by recent tariff escalations such as textiles, leather, gems and jewellery, engineering goods and marine products to sustain orders, protect jobs and diversify markets.
  • Operational specifics, including interest subvention rates and bank modalities under Niryat Protsahan, will be set in consultation with lenders, with officials signalling differentiated support for higher-risk markets.