Commerce Minister Piyush Goyal Launches 7 Measures Under ₹25,060 Crore Export Promotion Mission

The Government has reportedly rolled out 7 additional interventions under the ₹25,060 crore Export Promotion Mission (EPM), taking 10 of the 11 proposed measures into effect. The mission, announced in the Union Budget 2025-26, will run for 6 years and is aimed at supporting micro, small, and medium enterprises (MSMEs). 

Commerce and Industry Minister Piyush Goyal launched the measures on Friday. The programme brings multiple export-related schemes under a unified and digitally monitored structure. 

Credit Support for Exporters 

Under the ‘Niryat Protsahan’ component, MSMEs using export factoring will receive an interest subvention of 2.75% on eligible transactions through RBI- or IFSCA-recognised entities. The benefit is capped at ₹50 lakh per enterprise annually. 

2 credit lines have been introduced for e-commerce exporters. The Direct E-Commerce Credit Facility offers funding up to ₹50 lakh with 90% guarantee coverage.  

The Overseas Inventory Credit Facility provides up to ₹5 crore with 75% guarantee cover and the same 2.75% interest support, capped at ₹15 lakh per year. 

Compliance and Certification 

The Trade Regulations, Accreditation and Compliance Enablement (TRACE) scheme provides reimbursement of 60% of eligible testing and certification costs under a Positive List and 75% under a Priority Positive List. The ceiling is ₹25 lakh per Importer Exporter Code annually. 

The measure is intended to address compliance costs faced by exporters in meeting international standards. 

Logistics and District-Level Support 

The Facilitating Logistics, Overseas Warehousing and Fulfilment (FLOW) programme will cover up to 30% of approved project costs for overseas warehousing and fulfilment infrastructure, for a maximum of 3 years. 

Logistics Interventions for Freight and Transport (LIFT) will reimburse up to 30% of eligible freight expenses, capped at ₹20 lakh per financial year, for exporters in low export intensity districts. 

The Integrated Support for Trade Intelligence and Facilitation (INSIGHT) initiative will provide financial assistance of up to 50% of project cost, and up to 100% for proposals from government institutions and Indian missions abroad. 

Trade Backdrop 

According to the commerce ministry, India has concluded 9 Free Trade Agreements, giving access to markets accounting for nearly 70% of global GDP and around two-thirds of global trade.  

Merchandise exports recorded double-digit growth in the first half of February, as per official data. 

Read More: India Moves Towards Domestic Permanent Magnet Production by 2026! 

Conclusion  

The latest measures expand financial and infrastructure support for exporters, particularly MSMEs and e-commerce sellers. Most components of the 6-year mission are now in effect. 

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