March 19, 2026 4:42 PM
Govt launches ‘RELIEF’ Scheme to support exporters amid West Asia logistics disruptions
The Government on Thursday approved a new intervention titled RELIEF (Resilience & Logistics Intervention for Export Facilitation) under the Export Promotion Mission (EPM) to support Indian exporters facing disruptions due to the evolving geopolitical situation in West Asia. The move comes amid heightened security concerns around the Strait of Hormuz, which have led to vessel diversions, longer shipping routes, congestion at transshipment hubs, and increased freight and insurance costs. Th...