Govt launches ‘RELIEF’ Scheme to support exporters amid West Asia logistics disruptions

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...

India, ADB sign $181 million deal to improve livability, mobility in Ahmedabad

September 16, 2024 4:44 PM

India, ADB sign $181 million deal to improve livability, mobility in Ahmedabad

India and the Asian Development Bank (ADB) on Wednesday signed a $181 million loan agreement, aimed at improving infrastructure and services in the peri-urban areas, or the outskirts, of Gujarat’s Ahmedabad city. The initiative aims to achieve this by enhancing physical and social infrastructure, fostering economic vibrancy, and establishing these areas as attractive investment destinations, said Juhi Mukherjee, Joint Secretary of the Department of Economic Affairs, Ministry of Finance. Raje...