Related News

The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal challenging the acquisition of Vadraj Cement by Nirma group company Nuvoco Vistas Corporation, upholding the resolution plan approved earlier

Industry body CII has unveiled a sweeping reform blueprint aimed at accelerating India’s economic transformation, calling for a simplified GST structure, rationalised tariffs, new employment policies, and greater trade competitiveness.The

State-owned fuel retailers experienced significant profit surge in Q1 FY26, with a combined net profit of Rs 16,184 crore, driven by robust petrol and diesel marketing margins. BPCL led with

Talks between India and China on reviving traditional border trade have yielded progress, with Beijing agreeing in principle to reopen the Shipki-La pass in Himachal Pradesh’s Kinnaur district, the state

The combined market valuation of eight of the top-10 most valued firms climbed Rs 1,72,148.89 crore last week, tracking a bullish undertone in domestic equities, with Reliance Industries emerging as

Edelweiss CEO Radhika Gupta NEW DELHI: For many young professionals, saving money can feel like a juggling act between bills, loans, and lifestyle choices. But Radhika Gupta, MD and CEO

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Indian exporters get support under new EPM scheme: Government plans Rs25,000 crore package; launch two new programs to curb tariff impact

Word Count: 674 | Estimated Reading Time: 4 minutes


Indian exporters get support under new EPM scheme: Government plans Rs25,000 crore package; launch two new programs to curb tariff impact

NEW DELHI: The government is preparing a support package worth about Rs 25,000 crore under the Export Promotion Mission (EPM), announced in the Union Budget 2025-26, to strengthen Indian exporters over the next six financial years (2025-31). PTI sources said the initiative aims to provide affordable credit, improve market access, and cushion exporters from the impact of Trump’s 50% tariffs on Indian goods, which take effect on August 27. Sectors like textiles, chemicals, leather, and footwear are expected to be hit hardest.According to officials, the commerce ministry has sent the proposal to the expenditure finance committee (EFC) of the finance ministry. Once cleared, it will be placed before the Union Cabinet for approval.“The main focus is on providing easy and affordable credit to the exporter community,” they said.The Export Promotion Mission seeks to enable broad-based, inclusive, and sustainable export growth by addressing bottlenecks faced by Indian exporters, especially MSMEs.

Two flagship schemes: Niryat Protsahan and Niryat Disha

The mission is structured around two sub-schemes — Niryat Protsahan (Rs 10,000+ crore) and Niryat Disha (Rs14,500+ crore).

  • Under Niryat Protsahan, key measures include interest equalisation support worth Rs 5,000+ crore, financing alternatives, a credit card for e-commerce exporters, and mechanisms to bridge liquidity gaps.
  • Under Niryat Disha, support will focus on export quality compliance (Rs4,000 crore), overseas market development (Rs4,000 crore), branding, warehousing, logistics, and capacity building to integrate Indian firms into global value chains.

The Export Promotion Mission will be anchored in a collaborative framework involving the Department of Commerce, MSME Ministry, Finance Ministry, Exim Bank, ECGC, CGTMSE, NCGTC, export promotion councils, commodity boards, industry bodies, and state governments.Officials said the measures are designed to help MSMEs, the backbone of India’s exports, access affordable trade finance and global markets, reported PTI,Despite global headwinds, Indian exports have shown resilience. In July 2025, exports rebounded 7.29% to $37.24 billion, though the trade deficit widened to an eight-month high of $27.35 billion.During April–July 2025-26, exports grew 3.07% to $149.2 billion, while imports rose 5.36% to $244.01 billion.





Source link