Under the Export Promotion Mission (EPM) scheme, announced during the Union Budget 2025-26, to strengthen the Indian exporters over the next six financial years (2025-31), the Government of India is preparing a support package amounting to Rs. 25,000 crore.
According to the PTI sources, this initiative of the government aims to offer affordable credit, improve access to the market and cushion Indian exporters from the impact of 50% tariffs imposed by Trump on Indian goods, which are to take effect on 27 August 2025. The following sectors are anticipated to be hit the hardest by the tariffs imposed by the US government: textiles, leather, footwear and chemicals.
As per the officials, the expenditure finance committee (EFC) of the finance ministry have received a proposal by the commerce ministry. Once the proposal is cleared, it will then be forwarded to the Union Cabinet for obtaining approval. The officials said, “The main focus is on providing easy and affordable credit to the exporter community.”
The EPM scheme seeks to enable broad-based, inclusive and sustainable growth by addressing the obstacles met by the Indian exporters, especially the Micro, Small and Medium Enterprises.
The EPM is structured around two sub-schemes, namely, (i) Niryat Protsahan (Rs 10,000+ crore) and (ii) Niryat Disha (Rs14,500+ crore).
Niryat Protosahan: Under the sub-scheme Niryat Protosahan, certain key measures will be taken by the government, incl. interest equalization support worth Rs. 5,000+ crore, financing alternatives, credit card for e-commerce exporters, and systems for bridging the liquidity gaps.
Niryat Disha: In this, the support will focus on export quality compliance (Rs. 4,000 cr), development of overseas markets (Rs. 4,000 cr), warehousing, branding, logistics and capacity building for integration of Indian firms in global value chains.
The Export Promotion Mission will be based on a collaborative framework that includes the Department of Commerce, the Ministry of Micro, Small and Medium Enterprises (MSME), the Ministry of Finance, Exim Bank, ECGC, CGTMSE, NCGTC, export promotion councils, commodity boards, industry bodies, and state governments.
As per PTI report, officials stated that these measures are intended to assist MSMEs, which are the backbone of India’s exports, in accessing affordable trade finance and global markets.
Despite facing global hurdles faced by the Indian exporters, the Indian exports have demonstrated resilience. In July 2025, exports increased by 7.29%, reaching $37.24 billion, although the trade deficit expanded to an eight-month high of $27.35 billion.
From April to July 2025-26, exports grew by 3.07%, totaling $149.2 billion. On the other hand, the imports rose by 5.36%, amounting to $244.01 billion.
Source: Times of India
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