Export Promotion Mission

• The government is considering support measures worth around Rs 25,000 crore for exporters.

• This support will be provided over six financial years (2025-2031) under the Export Promotion Mission announced in the Union Budget.

About Export Promotion Mission

Overview

• The Export Promotion Mission is a flagship initiative announced in the Union Budget 2025-26.

• It aims to promote broad-based, inclusive, and sustainable export growth over the next six years.

• The mission is designed to go beyond conventional methods to address the key challenges faced by Indian exporters, with a focus on MSMEs (Micro, Small, and Medium Enterprises).

Driving Ministries and Leadership

• The mission is driven by three key ministries:

  • Ministry of Commerce and Industry

  • Ministry of Micro, Small and Medium Enterprises

  • Ministry of Finance

• The Department of Commerce acts as the lead department, coordinating the mission.

Objectives and Focus Areas

• The mission focuses on enhancing export competitiveness by:

  • Improving access to export credit to ease financing constraints.

  • Promoting cross-border factoring to help exporters manage receivables.

  • Assisting MSMEs in overcoming non-tariff barriers like regulatory challenges and compliance requirements in global markets.

Implementation Through Two Sub-schemes

The mission will be executed via two main sub-schemes with distinct focus areas and allocated budgets:

a. Niryat Protsahan Scheme

• Budget: Over Rs 10,000 crore.

• Key components include:

  • Interest Equalisation Support: Financial aid amounting to over Rs 5,000 crore to reduce the interest burden on exporters’ loans from 2025 to 2031.

  • Support for alternative trade finance instruments to diversify sources of export financing.

  • Introduction of a credit card for e-commerce exporters to streamline payment and credit facilities.

  • Other innovative financing mechanisms designed to bridge liquidity gaps faced by exporters.

b. Niryat Disha Scheme

• Budget: Over Rs 14,500 crore.

• Main focus areas include:

  • Export Quality Compliance: Funding of about Rs 4,000 crore to help exporters meet international quality standards.

  • Overseas Market Development: Support of over Rs 4,000 crore to expand Indian exporters' presence in global markets.

  • Assistance in branding, export warehousing, and logistics to improve the overall export ecosystem.

  • Capacity Building initiatives to integrate more Indian enterprises, especially MSMEs, into global value chains.