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Export Promotion Mission

 

1. Export Promotion Mission (EPM) was approved in November 2025 as a unified export-support framework with a total outlay of ₹25,060 crore for FY 2025–26 to FY 2030–31.

2. The Mission was designed to replace multiple fragmented export-support schemes with a single digitally managed, outcome-based, and adaptive mechanism for faster and more transparent delivery.

3. EPM is anchored through the Department of Commerce with coordination involving the Ministry of Micro, Small and Medium Enterprises, Ministry of Finance, state governments, financial institutions, Export Promotion Councils, and Commodity Boards.

4. The Directorate General of Foreign Trade acts as the implementing agency and runs a dedicated digital platform for application, approval, and disbursal processes.

5. The Mission operates through two integrated sub-schemes: Niryat Protsahan for financial enablers and Niryat Disha for non-financial market-readiness support.

6. Niryat Protsahan supports exporters through interest subvention on pre-shipment and post-shipment credit, export factoring, deep-tier financing, e-commerce export credit cards, and collateral support.

7. Niryat Disha supports exporters through testing, certification, audits, branding, packaging, trade fair participation, buyer-seller meets, warehousing, logistics, transport reimbursement, and capacity-building interventions.

8. The Mission has a strong focus on Micro, Small and Medium Enterprises, first-time exporters, labour-intensive sectors, and districts with low export intensity.

9. It specifically targets sectors facing tariff pressure such as textiles, leather, gems and jewellery, engineering goods, and marine products.

10. A separate credit guarantee window under the Mission is designed to unlock up to ₹20,000 crore of additional export credit support.

11. This credit guarantee mechanism is backed by 100 percent government guarantee and allows collateral-free loans with additional working capital support of up to 20 percent.

12. In 2025, Reserve Bank of India-linked export relief measures allowed moratorium on instalments and deferment of working-capital interest from September to December 2025 for eligible cases.

13. Export credit tenure for eligible loans was extended to 450 days, while relief-period treatment was kept outside standard asset-classification norms to ease pressure on exporters.

14. Foreign Exchange Management Act-related changes extended export realisation timelines to 15 months and allowed shipment against advance remittance up to 3 years.

15. By early 2026, 10 interventions under the Mission had already become operational, indicating active rollout of the new export-support architecture.

Must Know Terms :

1. EPM

Export Promotion Mission (EPM) is a flagship export-support framework approved in November 2025 with an outlay of ₹25,060 crore for FY 2025–26 to FY 2030–31. It combines trade-finance support, compliance assistance, branding, logistics, warehousing, and market-development measures within one digital structure. The Mission is meant to improve competitiveness, widen participation, and create faster, more transparent export support delivery.

2. Niryat Protsahan

Niryat Protsahan is the financial-enablers component of EPM. It supports exporters, especially Micro, Small and Medium Enterprises, through interest subvention on export credit, export factoring, deep-tier financing, e-commerce export credit cards, collateral guarantees, and credit enhancement for new or higher-risk markets. Its main objective is to reduce liquidity constraints, lower financing costs, and make export credit more accessible and diversified.

3. Niryat Disha

Niryat Disha is the non-financial-enablers component of EPM. It supports product testing, certification, audits, compliance with global standards, international branding, packaging, participation in trade fairs, buyer-seller meets, export warehousing, logistics assistance, inland transport reimbursements, and capacity-building. It is intended to improve market readiness and competitiveness, especially for exporters from remote districts, clusters, and emerging export locations.

4. DGFT

Directorate General of Foreign Trade (DGFT) is the implementing agency for EPM. It operates the Mission’s dedicated digital platform for end-to-end processing covering application, approval, and disbursal. The platform is aligned with customs and trade systems and is designed to enable paperless governance, data integration, and outcome-based monitoring. DGFT therefore functions as the operational backbone of the Mission’s delivery architecture.

5. Credit Guarantee

The Mission’s credit guarantee window is structured to unlock up to ₹20,000 crore of additional export credit support. It is backed by 100 percent government guarantee and is intended to enable collateral-free lending as well as additional working capital support up to 20 percent. This mechanism is especially important for Micro, Small and Medium Enterprises and exporters trying to enter riskier or new markets.

6. FEMA Relief

Foreign Exchange Management Act (FEMA)-related trade relief measures introduced in 2025 expanded flexibility for exporters during difficult trade conditions. Export realisation timelines were extended to 15 months, and the shipment period against advance remittance was extended to 3 years. Along with Reserve Bank of India measures on credit tenure and interest deferment, these relaxations were meant to ease liquidity and compliance pressures.

 

MCQ:

1. Which institution serves as the implementing agency for the Export Promotion Mission?
A) NITI Aayog
B) Directorate General of Foreign Trade
C) Reserve Bank of India
D) Ministry of MSME

2. The total outlay of the Export Promotion Mission for 2025–26 to 2030–31 is:
A) ₹12,560 crore
B) ₹20,000 crore
C) ₹25,060 crore
D) ₹30,500 crore

3. The Mission replaces multiple export-support schemes with:
A) State-level monitoring cells
B) A unified, digitally driven framework
C) Private export management firms
D) A centralised customs network

4. Niryat Protsahan focuses primarily on:
A) Branding assistance
B) Compliance training
C) Financial enablers
D) Export warehousing

5. Interest subvention and export-factoring support are part of:
A) Niryat Disha
B) CGSE
C) Niryat Protsahan
D) RBI Relief Measures

6. Niryat Disha provides support for:
A) Deep-tier financing
B) Inland transport reimbursement
C) Credit guarantee coverage
D) Moratorium on repayments

7. Under the expanded Credit Guarantee Scheme for Exporters, the government guarantee offered is:
A) 50%
B) 75%
C) 90%
D) 100%

8. The RBI’s Trade Relief Measures allow extension of export credit tenure to:
A) 180 days
B) 270 days
C) 360 days
D) 450 days

9. The FEMA amendment extended export realisation period from nine months to:
A) 10 months
B) 12 months
C) 15 months
D) 18 months

10. Under the Mission, priority is given to sectors affected by tariff escalations, including:
A) Automobile components
B) Pharmaceuticals
C) Textiles and leather
D) Renewable energy equipment

11. Niryat Disha specifically supports exporters in:
A) Coastal zones
B) High-export-intensity districts only
C) Interior and low-export-intensity districts
D) Exclusive economic zones

12. The digital platform for Mission implementation is aligned with:
A) Smart Cities dashboard
B) Customs and trade systems
C) NREGA MIS
D) Rail logistics portal

13. The RBI’s moratorium provision applies to payments due between:
A) January–April 2025
B) March–July 2025
C) September–December 2025
D) December–March 2026

14. Exporters unable to dispatch goods under packing credit before August 31, 2025 may:
A) Cancel all contracts
B) Liquidate from alternate legitimate sources
C) Apply for subsidy transfer
D) Shift to domestic borrowing only

15. One expected outcome of the Export Promotion Mission is:
A) Reduction of import duties on petroleum
B) Expansion of agricultural subsidies
C) Improved export-readiness through compliance support
D) Replacement of all existing export laws

Pankaj Sir

EX-IRS (UPSC AIR 196)

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