RELIEF (RESILIENCE & LOGISTICS INTERVENTION FOR EXPORT FACILITATION)

NEWS: Government approves RELIEF (Resilience & Logistics Intervention for Export Facilitation) under the Export Promotion Mission (EPM)

ABOUT

• Aimed at supporting Indian exporters affected by extraordinary freight escalation, heightened insurance premia and war-related export risks arising from disruptions in the Gulf and wider West Asia maritime corridor.
• Mitigate the immediate impact of logistics disruptions, protect exporter confidence, prevent order cancellations and safeguard employment in export-linked sectors.
• Nodal+ Implementing Agency: ECGC Ltd. (Formerly Export Credit Guarantee Corporation of India Ltd.), wholly owned by Government of India (Ministry of Commerce & Industry).

Components

• Upto 100% risk coverage to exporters who have already obtained ECGC credit insurance cover,
• Encouragement to exporters planning upcoming consignments during the next three months to obtain ECGC coverwith Government support for upto 95% risk coverage,
• Partial reimbursement (upto 50%) mechanism for eligible non-ECGC-insured MSME exporters.

Export Promotion Mission

• Provides a comprehensive, flexible, and digitally driven framework for export promotion.
• Financial Outlay: Rs. 25,060 crores.
• Timeline: Six years (FY 2025–26 to FY 2030–31).
• Two sub-schemes:
  • Niryat Protsahan (Financial Support): Improving access to affordable trade finance for diversification into new markets.
  • Niryat Disha (Non-Financial Support): Enhancing the market readiness and competitiveness of exporters.
• Implementing Agency: Directorate General of Foreign Trade.