How will the Export Promotion Mission with Rs 25,060 crore Outlay Impact MSME Exports?
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Synopsis
The Indian government has launched an ambitious Export Promotion Mission with an outlay of Rs 25,060 crore aimed at fostering MSME exports and enhancing competitiveness. This initiative promises a streamlined approach to export support over the next several years, significantly benefiting small and medium enterprises.
Key Takeaways
- Export Promotion Mission initiated with Rs 25,060 crore budget.
- Focus on MSMEs and labour-intensive sectors.
- Direct implementation by DGFT through a digital platform.
- Integration of financial incentives and regulatory flexibility.
- Introduction of sub-schemes Niryat Protsahan and Niryat Disha.
New Delhi, Dec 6 (NationPress) The government has sanctioned an Export Promotion Mission with a substantial budget of Rs 25,060 crore for the fiscal years 2025-26 through 2030-31. This initiative aims to enhance export support and bolster competitiveness, particularly for MSMEs and sectors that are labour-intensive.
The Directorate General of Foreign Trade (DGFT) will roll out this mission via a dedicated digital platform, streamlining the process from application to approval and disbursal. This platform replaces various fragmented schemes with a unified, outcome-driven framework designed for quicker and more transparent delivery, as per an official announcement made on Saturday.
By integrating financial incentives, digital governance, regulatory flexibility, and financial facilitation into a cohesive mission-mode framework, the government has forged a robust platform aimed at enhancing India’s competitiveness in global trade.
Under this mission, two integrated sub-schemes will function: Niryat Protsahan and Niryat Disha.
Niryat Protsahan is dedicated to improving access to affordable trade finance for MSME exporters through mechanisms such as interest subvention, export factoring, deep-tier financing, and credit cards tailored for e-commerce exporters.
On the other hand, Niryat Disha aspires to elevate market readiness and competitiveness by supporting export quality and compliance, facilitating international branding and packaging, enabling participation in trade fairs and buyer-seller meetings, and optimizing export warehousing and logistics.
The government has also extended the Credit Guarantee Scheme for Exporters (CGSE), offering an additional Rs 20,000 crore in support with a 100% government guarantee to participating lending institutions.
Moreover, the RBI has announced several measures, including a moratorium on repayments and an extension of the export credit tenure to 450 days.
The permissible credit duration for both pre-shipment and post-shipment export credit has been extended to 450 days for credits disbursed until March 31, 2026, according to the statement.
For packing credit facilities availed by exporters before August 31, 2025, where dispatches could not be completed, REs may permit liquidation from any legitimate alternative source, including proceeds from domestic sales or substitution of export contracts, it added.
Point of View
It is imperative to recognize the significance of the newly approved Export Promotion Mission. This initiative not only aims to bolster the export capabilities of MSMEs but also reflects the government's commitment to enhancing India's global trade competitiveness. The integrated approach to support and streamline export processes is a welcome move that could pave the way for economic growth in the coming years.
NationPress
06/12/2025
Frequently Asked Questions
What is the purpose of the Export Promotion Mission?
The Export Promotion Mission aims to consolidate export support and bolster competitiveness, particularly for MSMEs and labour-intensive sectors.
How much budget has been allocated for the mission?
The mission has a total budget of Rs 25,060 crore for the fiscal years 2025-26 to 2030-31.
What are the sub-schemes under the Export Promotion Mission?
The two integrated sub-schemes are Niryat Protsahan, which focuses on trade finance for MSME exporters, and Niryat Disha, which enhances market readiness and competitiveness.
What measures has the RBI announced regarding export credit?
The RBI has announced a moratorium on repayments and extended the export credit tenure to 450 days.
What is the Credit Guarantee Scheme for Exporters?
The Credit Guarantee Scheme for Exporters (CGSE) has been expanded to provide up to Rs 20,000 crore in additional support with a 100% government guarantee.
