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Cabinet Clears Rs 45,000-Crore Export Support Package

A six-year Export Promotion Mission will replace fragmented schemes through a DGFT-run digital platform.

Overview

  • The approval covers a Rs 25,060 crore Export Promotion Mission for FY2025–26 to FY2030–31 plus up to Rs 20,000 crore in additional credit under a new guarantee window.
  • EPM funding is split between Niryat Protsahan at Rs 10,401 crore for financial tools and Niryat Disha at Rs 14,659 crore for non-financial enablers.
  • The Credit Guarantee Scheme for Exporters offers 100% NCGTC coverage to lenders for collateral-free working capital, with support of up to 20% of sanctioned export limits and guarantees on loans up to Rs 50 crore.
  • Priority assistance targets tariff-hit, labour-intensive sectors such as textiles, leather, gems and jewellery, engineering goods, and marine products as exporters face steep 50% US duties.
  • Niryat Protsahan will extend interest subvention, export factoring, collateral guarantees, e-commerce export credit cards, and credit enhancement for new markets, while Niryat Disha funds testing and certification, branding and trade fairs, warehousing and logistics, inland transport reimbursements, and trade intelligence and capacity building; interest subvention rates will be set in consultation with banks.