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...

February 20, 2026 5:01 PM

Centre launches new interventions in Export Promotion Mission to boost MSMEs

Commerce and Industry Minister Piyush Goyal on Friday launched seven additional interventions under the Export Promotion Mission, a flagship initiative of the Centre aimed at empowering micro, small, and medium enterprises (MSMEs) for competing in global markets. These interventions are designed to address key challenges faced by Indian exporters, promote broad-based and inclusive export growth, and strengthen India’s position as a globally competitive export powerhouse. The minister stated ...

January 2, 2026 9:08 PM

Centre rolls out two finance schemes to boost MSME exports

As part of the initial rollout of the Export Promotion Mission, the Centre has launched two key interventions under the Niryat Protsahan sub-scheme to strengthen MSME exports by providing affordable and easier access to trade finance, the Commerce Ministry said on Friday. The first intervention relates to interest subvention for pre- and post-shipment export credit, aimed at reducing the cost of export credit and easing working capital constraints faced by MSME exporters, according to a Commerc...

December 30, 2025 12:37 PM

Year Ender 2025: A Year of Resilient GDP Growth and Strengthened Foundations

India’s economy has firmly established its growth momentum, the numbers say. Emerging as stronger, broad-based, and more resilient amid a challenging global environment, India is the growth story the world is looking at. Official macroeconomic indicators released through the year 2025 reflect an economy that not only weathered global volatility but also capitalised on domestic demand, policy stability, and infrastructure-led expansion to reinforce its position as the world’s fastest-growing ...

November 12, 2025 10:26 PM

Cabinet approves ₹25,060 crore Export Promotion Mission to boost India’s trade competitiveness

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the Export Promotion Mission (EPM) — a flagship initiative aimed at strengthening India’s export ecosystem with a total outlay of ₹25,060 crore for the period 2025–26 to 2030–31. The EPM, first announced in the Union Budget 2025–26, seeks to enhance India’s export competitiveness, particularly for MSMEs, first-time exporters, and labour-intensive sectors. It will consolidate multiple fragmented schemes...