Export Promotion Mission

On 12th November, the Union Cabinet chaired by Prime Minister approved the Export Promotion Mission (EPM) — a flagship initiative to strengthen India’s export ecosystem, with a total outlay of Rs. 25,060 crore for the period 2025–26 to 2030–31.

Key Points

Flagship Export Initiative: The EPM, announced in the Union Budget 2025–26, aims to boost India’s export competitiveness, especially for MSMEs, first-time exporters, and labour-intensive sectors.
Consolidated Scheme Framework: The Mission unifies multiple fragmented export schemes into a single, flexible and outcome-oriented framework that is technology-driven and responsive to global trade challenges.
Two Sub-Schemes — Niryat Protsahan & Niryat Disha:
- Niryat Protsahan: Focuses on improving MSMEs’ access to affordable trade finance through interest subvention, export factoring, and collateral guarantees.
- Niryat Disha: Provides non-financial export support, including quality upgrades, compliance, branding, packaging, participation in trade fairs, warehousing, and logistics.
Integration of Key Export Support Schemes: The Mission brings the Interest Equalisation Scheme (IES) and Market Access Initiative (MAI) under one coordinated mechanism aligned with current trade priorities.
Addressing Persistent Export Challenges: The EPM aims to resolve export finance constraints, high compliance costs, branding gaps, and logistical challenges, particularly for exporters in interior and non-traditional districts.