Centre Launches Niryat Protsahan Interventions

03 Jan 2026

On 1st January 2026, the Centre launched two key interventions under the Niryat Protsahan sub-scheme as part of the initial rollout of the Export Promotion Mission, aimed at strengthening MSME exports by improving access to affordable trade finance.

Key Points

Export Promotion Mission Rollout: The interventions have been launched by the Ministry of Commerce and Industry to lower the cost of exporting and ease credit constraints for MSME exporters.
Interest Subvention: Interest subvention has been introduced for pre- and post-shipment rupee export credit to reduce borrowing costs and working capital pressure on MSMEs.
Subvention Rates: A base interest subvention of 2.75% has been announced, with a provision for additional incentives for exports to notified under-represented or emerging markets, subject to operational readiness.
Product Coverage: The benefit will apply only to exports under a notified positive list of HS six-digit tariff lines, covering about 75% of India’s tariff lines with high MSME participation.
Exporter Cap and Review: An exporter-wise annual cap of ₹50 lakh per firm for FY 2025–26 has been prescribed, and applicable rates will be reviewed biannually in March and September.
Positive List Criteria: The list has been prepared using a data-driven methodology, prioritising labour- and capital-intensive sectors, MSME concentration, and value addition, while excluding restricted, prohibited, waste, scrap, and overlapping incentive items.
Strategic Exports Included: Defence and SCOMET-notified products have been included to support strategic exports.
Operational Guidelines: Detailed operational guidelines for the interest subvention scheme will be issued by the Reserve Bank of India, with a pilot rollout planned.
CGTMSE Partnership: The intervention will be implemented in partnership with the Credit Guarantee Fund Trust for Micro and Small Enterprises.