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.
