Export Promotion Mission
Introduction
The Export Promotion Mission (EPM) is a unified national framework designed to strengthen India’s export ecosystem through coordinated financial and non-financial support. With an outlay of ₹25,060 crore for 2025–26 to 2030–31, the Mission integrates multiple schemes into a single digital system to improve competitiveness, market readiness and export capacity.
Purpose and Policy Rationale
• Enhances access to affordable trade finance and reduces credit constraints for exporters.
• Supports compliance with global standards through testing, certification and quality upgrades.
• Strengthens export branding, logistics and market-access facilitation.
• Addresses disadvantages faced by exporters in interior and low-export-intensity districts.
• Builds a streamlined, adaptive, digitally governed system for faster and transparent delivery.
Mission Structure
• Anchored by the Department of Commerce with coordination across MSME, Finance and state governments.
• DGFT functions as the implementing agency through a dedicated online platform.
• Export Promotion Councils, Commodity Boards and financial institutions form the supporting network.
Two Integrated Sub-Schemes
- Niryat Protsahan (Financial Enablers)
Interest subvention on pre- and post-shipment credit.
• Export factoring, deep-tier financing and credit cards for e-commerce exporters.
• Collateral support and credit enhancement for riskier or new markets.
• Financial assistance designed to ease liquidity constraints for MSMEs. - Niryat Disha (Non-Financial Enablers)
Assistance for quality certification, global compliance and product testing.
• Branding, packaging and marketing support in international markets.
• Support for participation in trade fairs and buyer–seller meets.
• Logistics, warehousing help and transport reimbursements for remote districts.
• Capacity-building at cluster, association and district levels.
Credit Guarantee Scheme for Exporters
• Provides up to ₹20,000 crore of additional credit support through 100% government guarantee.
• Enables collateral-free loans and additional working capital up to 20%.
• Aims to strengthen liquidity for exporters exploring new markets.
RBI’s Trade Relief Measures (2025)
• Moratorium on instalments and deferment of working-capital interest from September to December 2025.
• Export credit tenure extended to 450 days for eligible loans.
• Flexibility in working capital through reduced margins and reassessed limits.
• Relief period excluded from asset-classification norms.
• FEMA amendments extend export realisation to 15 months and shipment period against advance to 3 years.
Sectoral and Regional Coverage
• Focus on sectors facing tariff pressures: textiles, leather, gems and jewellery, engineering goods and marine products.
• Emphasis on MSMEs, first-time exporters and labour-intensive industries.
• Targeted support for districts with low export intensity to widen geographic participation.
Digital Governance
• Application, approval and disbursal fully managed through a paperless DGFT platform.
• Integrated data architecture aligns with customs and trade systems.
• Outcome-based monitoring ensures timely implementation and continuous adjustment to global trade developments.
Expected Outcomes
• Expanded access to trade finance for small and medium exporters.
• Greater readiness for global markets through improved compliance and quality systems.
• Stronger international visibility and branding of Indian products.
• Increased export activity from interior and emerging districts.
• Broader employment generation across manufacturing, logistics and allied sectors.
MCQ:
- Which institution serves as the implementing agency for the Export Promotion Mission?
- NITI Aayog
- Directorate General of Foreign Trade
- Reserve Bank of India
- Ministry of MSME
- The total outlay of the Export Promotion Mission for 2025–26 to 2030–31 is:
- ₹12,560 crore
- ₹20,000 crore
- ₹25,060 crore
- ₹30,500 crore
- The Mission replaces multiple export-support schemes with:
- State-level monitoring cells
- A unified, digitally driven framework
- Private export management firms
- A centralised customs network
- Niryat Protsahan focuses primarily on:
- Branding assistance
- Compliance training
- Financial enablers
- Export warehousing
- Interest subvention and export-factoring support are part of:
- Niryat Disha
- CGSE
- Niryat Protsahan
- RBI Relief Measures
- Niryat Disha provides support for:
- Deep-tier financing
- Inland transport reimbursement
- Credit guarantee coverage
- Moratorium on repayments
- Under the expanded Credit Guarantee Scheme for Exporters, the government guarantee offered is:
- 50%
- 75%
- 90%
- 100%
- The RBI’s Trade Relief Measures allow extension of export credit tenure to:
- 180 days
- 270 days
- 360 days
- 450 days
- The FEMA amendment extended export realisation period from nine months to:
- 10 months
- 12 months
- 15 months
- 18 months
- Under the Mission, priority is given to sectors affected by tariff escalations, including:
- Automobile components
- Pharmaceuticals
- Textiles and leather
- Renewable energy equipment
- Niryat Disha specifically supports exporters in:
- Coastal zones
- High-export-intensity districts only
- Interior and low-export-intensity districts
- Exclusive economic zones
- The digital platform for Mission implementation is aligned with:
- Smart Cities dashboard
- Customs and trade systems
- NREGA MIS
- Rail logistics portal
- The RBI’s moratorium provision applies to payments due between:
- January–April 2025
- March–July 2025
- September–December 2025
- December–March 2026
- Exporters unable to dispatch goods under packing credit before August 31, 2025 may:
- Cancel all contracts
- Liquidate from alternate legitimate sources
- Apply for subsidy transfer
- Shift to domestic borrowing only
- One expected outcome of the Export Promotion Mission is:
- Reduction of import duties on petroleum
- Expansion of agricultural subsidies
- Improved export-readiness through compliance support
- Replacement of all existing export laws
0 comment