Overview
- The Cabinet approved a six-year Export Promotion Mission worth Rs 25,060 crore for FY2025–26 to FY2030–31, consolidating schemes such as Interest Equalisation and Market Access into a single outcome-based framework.
- The Directorate General of Foreign Trade will implement the mission on a dedicated digital platform covering application through disbursal, with rollout details and sectoral allocations to be finalised.
- The mission runs through two pillars: Niryat Protsahan for financial tools such as interest subvention, export factoring, collateral support and credit cards for e-commerce exporters; and Niryat Disha for compliance, branding, logistics, warehousing and trade fairs.
- The Credit Guarantee Scheme for Exporters adds up to Rs 20,000 crore in collateral-free working capital with 100% NCGTC coverage, providing up to 20% of sanctioned export limits and reported as valid through March 31, 2026, under a DFS-led management committee.
- Priority support goes to tariff-hit, labour‑intensive sectors including textiles, leather, gems and jewellery, engineering goods and marine products, with industry bodies broadly welcoming the measures.