The Government of India is considering a proposal to provide support worth ₹25,000 crore to exporters over a period of six years under the proposed Export Promotion Mission (EPM). The budgetary proposal is currently pending before the Expenditure Finance Committee (EFC) of the Finance Ministry.According to official sources, the EPM will have two sub-schemes designed to make credit more accessible and affordable for exporters. These include the Niryat Protsahan scheme, with an outlay of over ₹10,000 crore, and the Niryat Disha scheme, with an allocation of over ₹14,500 crore.Niryat Protsahan Scheme
The Niryat Protsahan scheme will provide financing mechanisms to bridge the liquidity gap faced by exporters. It will include interest equalisation support worth over ₹5,000 crore during FY25 to FY31. The scheme will also promote alternative trade finance instruments and introduce credit cards for e-commerce exporters.Niryat Disha SchemeThe Niryat Disha scheme will focus on export quality compliance, overseas market development, branding, warehousing, and logistics. It will also support capacity-building initiatives aimed at integrating more Indian enterprises into global value chains.If approved, the Export Promotion Mission is expected to provide a significant boost to India’s exporters by improving financing options and strengthening their global competitiveness.(Edited by : Priyanka Deshpande)
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