ENA Economy 2025-08-25 14:27:48 <p><span style="font-size:14px"><strong>New Delhi, Aug 25 (KNN)</strong> The government is examining a proposal to extend support measures worth about Rs 25,000 crore for exporters under the Export Promotion Mission (EPM), a flagship initiative announced in the Union Budget 2025-26. </span></p> <p><span style="font-size:14px">The package, covering six financial years from 2025 to 2031, is aimed at easing access to affordable credit and strengthening Indias export competitiveness, according to official sources.</span></p> <p><span style="font-size:14px">The commerce ministry has forwarded the proposal to the expenditure finance committee (EFC) in the finance ministry. Following EFC clearance, it will be placed before the Union Cabinet for approval. </span></p> <p><span style="font-size:14px">If approved, the measures could help protect domestic exporters, particularly MSMEs, from disruptions arising from new US tariff actions.</span></p> <p><span style="font-size:14px">The Export Promotion Mission seeks to promote broad-based, inclusive and sustainable growth by addressing long-standing challenges facing Indian exporters. </span></p> <p><span style="font-size:14px">It will be anchored in a collaborative framework involving the Department of Commerce, ministries of MSME and Finance, Exim Bank, ECGC, CGTMSE, NCGTC, export promotion councils, commodity boards, industry associations and state governments.</span></p> <p><span style="font-size:14px">The mission is structured around two sub-schemes &mdash; Niryat Protsahan (worth over Rs 10,000 crore) and Niryat Disha (over Rs 14,500 crore). </span></p> <p><span style="font-size:14px">Under Niryat Protsahan, the government is considering measures such as interest equalisation support exceeding Rs 5,000 crore for six years, development of alternative trade finance instruments, and the introduction of a credit card facility for e-commerce exporters to bridge liquidity gaps.</span></p> <p><span style="font-size:14px">Niryat Disha will focus on strengthening Indias integration with global value chains. </span></p> <p><span style="font-size:14px">Proposed elements include around Rs 4,000 crore for export quality compliance, another Rs 4,000 crore for overseas market development, along with support for branding, export warehousing, logistics, and capacity building.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43258 https://knnindia.co.in/news/newsdetails/economy/govt-weighs-rs-25000-cr-fund-for-export-promotion-mission-for-6-years 2025-08-25 14:27:48 knnindia.co.in