Government considering ₹25,000 crore support for exporters over six years under EPM scheme

By Admin

25 Aug, 2025

The Government of India is exploring a major relief package worth about ₹25,000 crore to support exporters under the newly announced Export Promotion Mission (EPM). According to sources, the proposed support would span six financial years (2025–2031), with the main focus on providing easy and affordable credit to the exporter community.

Proposal Sent to Finance Ministry

The Commerce Ministry has already forwarded the proposal to the Expenditure Finance Committee (EFC) of the Finance Ministry. Once cleared, it will be placed before the Union Cabinet for approval. Officials suggest that these measures could help insulate Indian exporters from global trade uncertainties, particularly in light of the hefty 50% tariff imposed by the US on Indian goods starting August 27, up from the current 25%.

Aim of the Export Promotion Mission

Announced in the Union Budget 2025–26, the Export Promotion Mission seeks to enable broad-based, inclusive, and sustainable export growth over six years. The initiative is designed to address long-standing challenges faced by exporters, especially MSMEs, by going beyond conventional mechanisms.

The mission is anchored in a collaborative framework, involving multiple stakeholders such as the Department of Commerce, Ministry of MSME, Ministry of Finance, Exim Bank, ECGC, CGTMSE, NCGTC, export promotion councils, commodity boards, industry associations, and state governments.

Two Key Sub-Schemes: Niryat Protsahan and Niryat Disha

The EPM is proposed to be implemented through two sub-schemes:

• Niryat Protsahan (₹10,000+ crore):
  
  

• Interest equalisation support worth over ₹5,000 crore for six years
  
  

• Alternative trade finance instruments
  
  

• Credit card for e-commerce exporters
  
  

• Additional financing mechanisms to bridge liquidity gaps
  
  

• Niryat Disha (₹14,500+ crore):
  
  

• Export quality compliance support (~₹4,000 crore)
  
  

• Overseas market development (₹4,000+ crore)
  
  

• Branding initiatives for Indian products
  
  

• Export warehousing and logistics support
  
  

• Capacity-building measures to integrate Indian enterprises into global value chains
  
  

Export Performance and Challenges

Despite facing global trade headwinds, India’s export sector has shown resilience. In July 2025, exports grew by 7.29% to USD 37.24 billion, even as the trade deficit widened to an eight-month high of USD 27.35 billion. During April–July 2025-26, exports increased by 3.07% to USD 149.2 billion, while imports rose by 5.36% to USD 244.01 billion.

However, sectors like textiles, chemicals, leather, and footwear are expected to be hit hard by the new US tariffs, making the government’s proposed support measures even more critical.

Conclusion

If approved, the ₹25,000 crore support package under the Export Promotion Mission could play a pivotal role in strengthening India’s export ecosystem. By offering affordable credit, compliance support, branding assistance, and global market access, the initiative aims to safeguard exporters against global trade disruptions and empower MSMEs to expand their global footprint.