Export Promotion Mission:
- The Government of India has launched a range of interventions under the Export Promotion Mission, a flagship initiative approved by the Union Cabinet on 12 November 2025, with a total outlay of ₹25,060 crore for the period from FY 2025–26 to FY 2030–31.
- The Mission seeks to strengthen India’s export competitiveness with a sharp focus on MSMEs, first-time exporters and labour-intensive sectors, while supporting market diversification and promotion of value-added exports.
- The Export Promotion Mission is jointly implemented by the Department of Commerce, Ministry of MSME and Ministry of Finance.
- The Mission is structured around two integrated sub-schemes, namely NIRYAT PROTSAHAN, which focuses on enabling access to affordable and diversified trade finance, and NIRYAT DISHA, which supports non-financial enablers such as market access, branding, regulatory compliance, logistics and trade intelligence.
As part of the initial rollout of the Export Promotion Mission, two key interventions under the NIRYAT PROTSAHAN sub-scheme have been launched to strengthen MSME exports and improve access to trade finance.
- The two key interventions would entail an outlay of ₹5,181 crore over six years until 2030-31. The two key interventions were under the Niryat Protsahan category, which is meant to lower the cost of credit for exporters.
- The first intervention relates to interest subvention for pre- and post-shipment export credit, aimed at reducing the cost of export credit and easing working-capital constraints faced by MSME exporters.
- Under this intervention, interest subvention will be provided on pre- and post-shipment rupee export credit extended by eligible lending institutions.
- A base interest subvention of 2.75 per cent has been provided, with a provision for additional incentive for exports to notified under-represented or emerging markets, subject to operational readiness.
- The interest subvention will be applicable only to exports covered under a notified positive list of tariff lines at the Harmonised System six-digit level, covering approximately 75 per cent of India’s tariff lines and reflecting high MSME participation.
- An exporter-wise annual cap of ₹50 lakh per Importer Exporter Code (IEC) has been prescribed for FY 2025–26.
- The second intervention under NIRYAT PROTSAHAN relates to — Collateral Support for Export Credit — is aimed at giving MSME exporters the ability to access bank credit even with limited collateral or third-party guarantees.
- The scheme would be implemented through the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) on a pilot basis and be applicable to export-linked working capital loans. MSME exporters exporting notified tariff lines will be eligible for the collateral support.
- Micro & small exporters would be eligible for up to 85% guarantee, while medium exporters would be capped at a 65% guarantee, with a maximum outstanding guaranteed exposure of ₹10 crore per exporter in a financial year.
- This intervention is designed to complement existing credit guarantee mechanisms and to increase bank lending to export-oriented MSMEs.
The two interventions will be implemented on a pilot basis with continuous monitoring and data-driven refinements. Through the Export Promotion Mission, the Government aims to lower the cost of exporting, expand access to finance, strengthen India’s export brand and diversify export markets, thereby enabling Indian exporters, particularly MSMEs, to integrate more deeply into global value chains and contribute to sustained export-led growth.