Overview
- The Union Cabinet approved a combined package of Rs 45,060 crore, pairing a Rs 25,060 crore Export Promotion Mission with an expanded Rs 20,000 crore Credit Guarantee Scheme for Exporters.
- The mission runs from FY 2025–26 to FY 2030–31 and will be delivered on a dedicated digital platform managed by DGFT, consolidating schemes such as Interest Equalisation and the Market Access Initiative.
- EPM will operate through Niryat Protsahan to improve access to trade finance (interest subvention, export factoring, collateral guarantees, credit cards for e-commerce, credit enhancement) and Niryat Disha to fund non-financial enablers (quality compliance, branding, trade fairs, warehousing, logistics and inland transport support, and trade intelligence).
- The credit guarantee window provides 100% government coverage via NCGTC to MLIs for additional lending up to Rs 20,000 crore, including collateral-free working capital up to 20% of sanctioned export limits and guarantees on loans up to Rs 50 crore, with validity reported through March 31, 2026.
- Priority support targets tariff-hit, labour-intensive sectors—textiles, leather, gems and jewellery, engineering goods, and marine products—while detailed guidelines, including exact interest-subvention rates and operational mechanics, are to be issued.