Approval of the Export Promotion Mission (EPM)
 
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Approval of the Export Promotion Mission (EPM)

Wed 12 Nov, 2025

Context:

  • To strengthen India’s export sector, the Union Cabinet has approved the Export Promotion Mission (EPM).

Key Points:

  • Objective: To boost India’s exports, particularly by enhancing the competitiveness of MSMEs, first-time exporters, and labour-intensive sectors.
  • Duration: 6 years (from FY 2025–26 to FY 2030–31)
  • Total Outlay: ₹25,060 crore
  • Nodal Agency: Directorate General of Foreign Trade (DGFT) under the Department of Commerce
  • Integration: The mission will consolidate key existing export support schemes such as the Interest Equalisation Scheme (IES) and the Market Access Initiative (MAI) under a single, unified framework.

Two Main Components of the Mission

1. Niryat Protsahan (Export Promotion):

  • Outlay: ₹10,401 crore
  • Focus: Financial assistance aimed at reducing the cost of trade finance for MSMEs.
Area of Intervention Key Provisions
Interest Subvention Provide interest relief on pre-shipment and post-shipment export credit.
Alternative Trade Finance Promote export factoring and deep-tier financing.
Credit Enhancement Offer credit guarantees or enhancement support for diversification into new and high-risk markets.
E-commerce Export Credit Card Ensure easier access to working capital for small e-commerce exporters.

 

2. Niryat Disha (Export Direction):

  • Outlay: ₹14,659 crore
  • Focus: Non-financial support measures and improving market readiness.
Area of Intervention Key Provisions
Quality and Compliance Assistance for testing, certification, and audits to meet international standards.
Market Access Facilitate participation in international trade fairs, buyer-seller meets, and product exhibitions.
Branding and Packaging Support international branding and packaging to enhance the identity of Indian products.
Logistics Support Provide reimbursement for export warehousing and internal transport costs, especially for exporters from remote districts.
Trade Intelligence Supply market information and trade analytics to exporters.

 

Priority Sectors:

  • Textiles
  • Leather
  • Gems & Jewellery
  • Engineering Goods
  • Marine Products

Associated Initiative

Expansion of Credit Guarantee Scheme for Exporters (CGSE):

  • Alongside EPM, the Cabinet has also approved the expansion of the Credit Guarantee Scheme for Exporters (CGSE) with an allocated fund of ₹20,000 crore.
  • 100% Credit Guarantee: The scheme will provide additional credit facilities of up to ₹20,000 crore to eligible exporters (including MSMEs) without collateral, backed by a 100% government guarantee through NCGTC (National Credit Guarantee Trustee Company).
  • Objective: To ensure liquidity for exporters and enhance global competitiveness.

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