The government has launched two key interventions as part of the initial roll-out of the Export Promotion Mission to strengthen MSME exports and improve access to trade finance. The first intervention relates to interest subvention for pre and post shipment export credit, aimed at reducing the cost of export credit and easing working-capital constraints faced by MSME exporters.

 

The second intervention relates to collateral support for export credit, aimed at addressing collateral constraints faced by MSME exporters and improving access to bank finance. The Ministry of Commerce and Industry said that the two interventions will be implemented on a pilot basis with continuous monitoring and data-driven refinements.

 

The government has launched a range of interventions under the Export Promotion Mission, a flagship initiative approved by the Union Cabinet in November last year, with a total outlay of over 25 thousand crore rupees for the period from 2025-26 to 2030-31.

 

The Mission seeks to strengthen the country’s export competitiveness with a sharp focus on MSMEs, first-time exporters and labour-intensive sectors, while supporting market diversification and promotion of value-added exports.