Export Promotion Mission Gets ₹25,060 Crore Boost to Strengthen MSMEs

Ziraat Times Team Report

New Delhi: The Centre has announced a series of measures to strengthen India’s logistics framework and support exporters facing delays, high costs and supply chain disruptions caused by global volatility. The initiatives, spanning credit support, infrastructure upgrades and digital reforms, were detailed by Minister of State for Commerce and Industry Jitin Prasada in a written reply in the Rajya Sabha on Friday.

According to the Ministry of Commerce and Industry, the government is implementing a range of policies, including the National Logistics Policy, PM Gati Shakti, Bharat Trade Net (BTN), and the newly approved Export Promotion Mission (EPM), to streamline export processes and enhance competitiveness, particularly for MSMEs and first-time exporters.

Export Promotion Mission and Credit Support

The flagship Export Promotion Mission, announced in the Union Budget 2025–26, has been approved with a total outlay of ₹25,060 crore for FY 2025–26 to FY 2030–31. The Mission aims to consolidate fragmented export schemes into a single, flexible mechanism that can respond quickly to global trade shifts.

To improve liquidity, the government has introduced the Credit Guarantee Scheme for Exporters, offering 100% guarantee coverage for up to ₹20,000 crore in additional credit facilities through the National Credit Guarantee Trustee Company. The scheme targets MSMEs and seeks to reduce operational hurdles and boost export readiness.

The Ministry also highlighted initiatives under the MSME International Cooperation Scheme, which reimburses costs for first-time exporters, including registration with export councils, export insurance premiums and testing and certification expenses.

Infrastructure and Digital Modernisation

The Commerce Ministry reported that programs such as Districts as Export Hubs and E-Commerce Export Hubs are helping MSMEs, start-ups and artisans access global markets through simplified procedures and lower transaction costs.

Bharat Trade Net, developed by the Directorate General of Foreign Trade, aims to digitise 30 key trade documents and integrate India’s trade ecosystem with global standards. The digital platform is expected to reduce compliance burdens, cut transaction costs and expand access to export finance for MSMEs.

The government is also strengthening industrial corridors under the National Industrial Corridor Development Programme, offering flexible land allotment policies and fiscal incentives to investors, including MSMEs.

Sector-Specific Support and Expanded Market Access

The Marine Products Export Development Authority is supporting MSMEs through the TDSVMP scheme for seafood value-addition infrastructure, while the Spices Board is implementing the SPICED scheme to promote value-added spice exports and encourage participation in global markets.

The Coir Board’s Coir Vikas Yojana and the Textiles Ministry’s National Handloom Development Programme continue to provide financial assistance for raw materials, technology upgrades, design development and international marketing.

The government also reported several measures by the Export Credit Guarantee Corporation (ECGC), including collateral-free export credit cover for MSEs, enhanced export credit insurance coverage for banks, and simplified claim settlement procedures. Since September 2025, ECGC has upgraded country ratings for 24 emerging markets, aiming to reduce insurance costs and encourage diversification.

India is expanding its engagement in new markets, particularly Africa and Latin America, through platforms like the India–Africa Conclave and bilateral mechanisms such as joint trade committees.

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