Context:
The Union Cabinet chaired by the Prime Minister, Narendra Modi, has approved the Export Promotion Mission (EPM) - a flagship initiative announced in the Union Budget 2025–26 to enhance India’s export competitiveness, especially for MSMEs, first-time exporters, and labour-intensive sectors.
About the Export Promotion Mission:
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- Export Promotion Mission (EPM) represents a strategic shift from multiple fragmented schemes to a single, outcome-based framework, developed collaboratively by the Department of Commerce, Ministry of MSME, Ministry of Finance, financial institutions, Export Promotion Councils, commodity boards, industry associations, and state governments.
- With a total outlay of ₹25,060 crore for FY 2025–26 to FY 2030–31, the Mission aims to create a streamlined, adaptive and digitally driven export support ecosystem.
- Export Promotion Mission (EPM) represents a strategic shift from multiple fragmented schemes to a single, outcome-based framework, developed collaboratively by the Department of Commerce, Ministry of MSME, Ministry of Finance, financial institutions, Export Promotion Councils, commodity boards, industry associations, and state governments.
The Mission will operate through two integrated sub-schemes:
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- NIRYAT PROTSAHAN – focuses on improving MSMEs’ access to affordable trade finance through tools such as interest subvention, export factoring, collateral guarantees, e-commerce export credit cards, and credit enhancement for new markets.
- NIRYAT DISHA – provides non-financial support to strengthen export readiness through quality and compliance assistance, international branding and packaging support, trade fair participation, export warehousing and logistics, inland transport reimbursements, and trade intelligence and capacity-building.
- NIRYAT PROTSAHAN – focuses on improving MSMEs’ access to affordable trade finance through tools such as interest subvention, export factoring, collateral guarantees, e-commerce export credit cards, and credit enhancement for new markets.
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The Directorate General of Foreign Trade (DGFT) will implement the Mission through a fully digital platform integrated with existing trade systems, ensuring seamless application, monitoring, and disbursal.
Expected benefits:
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- improve access to affordable trade finance for MSMEs,
- enhance compliance and certification capacity,
- expand visibility and market access for Indian products,
- boost exports from non-traditional districts, and
- generate employment across manufacturing, logistics, and allied sectors.
- improve access to affordable trade finance for MSMEs,
Conclusion:
Overall, the Export Promotion Mission is a forward-looking step to build an inclusive, technology-enabled and globally competitive export ecosystem, supporting the vision of Viksit Bharat @2047.
