{"id":61081,"date":"2025-11-13T11:19:37","date_gmt":"2025-11-13T05:49:37","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=61081"},"modified":"2025-11-13T14:32:04","modified_gmt":"2025-11-13T09:02:04","slug":"export-promotion-mission","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/export-promotion-mission\/","title":{"rendered":"Export Promotion Mission"},"content":{"rendered":"<h2><b>Export Promotion Mission Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Recently, the union cabinet has approved the Export Promotion Mission (EPM) which was announced in the <a href=\"https:\/\/vajiramandravi.com\/current-affairs\/union-budget-2025\/\" target=\"_blank\"><strong>Union Budget 2025\u201326<\/strong><\/a>.<\/span><\/p>\n<h2><b>About Export Promotion Mission<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">It is a flagship initiative to strengthen India\u2019s export competitiveness, particularly for <\/span><b>MSMEs, first-time exporters, and labour-intensive sectors<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<h2><b>Features of Export Promotion Mission<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It will provide a comprehensive, flexible, and digitally driven framework for export promotion.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Time Period and Funding:<\/b><span style=\"font-weight: 400;\"> Rs.25,060 crore <\/span><b>for FY 2025\u201326 to FY 2030\u201331.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It marks a strategic <\/span><b>shift from multiple fragmented schemes to a single,<\/b><span style=\"font-weight: 400;\"> outcome-based, and adaptive mechanism.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Collaborative framework:<\/b><span style=\"font-weight: 400;\"> It involves <\/span><b>the Department of Commerce, Ministry of MSME<\/b><span style=\"font-weight: 400;\">, <\/span><b>Ministry of Finance,<\/b><span style=\"font-weight: 400;\"> and other key stakeholders.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It <\/span><b>consolidates<\/b><span style=\"font-weight: 400;\"> key <\/span><b>export support schemes<\/b><span style=\"font-weight: 400;\"> such as <\/span><b>the Interest Equalisation Scheme<\/b><span style=\"font-weight: 400;\"> (IES) and <\/span><b>Market Access Initiative<\/b><span style=\"font-weight: 400;\"> (MAI), aligning them with contemporary trade needs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Under EPM, priority support will be extended to sectors impacted by recent global tariff escalations, such as <\/span><b>textiles, leather, gems &amp; jewellery, engineering goods, and marine products<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Implementing Agency:<\/b><span style=\"font-weight: 400;\"> The Directorate General of Foreign Trade (DGFT)<\/span><\/li>\n<\/ul>\n<h2><b>Sub-schemes Under Export Promotion Mission<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>NIRYAT PROTSAHAN:<\/b><span style=\"font-weight: 400;\"> It focuses on improving access to<\/span><b> affordable trade finance<\/b><span style=\"font-weight: 400;\"> for <\/span><b>MSMEs<\/b><span style=\"font-weight: 400;\"> through a range of instruments such as <\/span><b>interest subvention,<\/b><span style=\"font-weight: 400;\"> export factoring, collateral guarantees etc.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>NIRYAT DISHA:<\/b><span style=\"font-weight: 400;\"> It focuses on <\/span><b>non-financial enablers<\/b><span style=\"font-weight: 400;\"> that enhance market readiness and competitiveness such as export quality and compliance support, assistance for international branding, packaging,export warehousing and logistics etc.<\/span><\/li>\n<\/ul>\n<p><b>Source: <\/b><strong><a href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2189381\" target=\"_blank\" rel=\"nofollow noopener\">PIB<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Export Promotion Mission is a flagship initiative to strengthen India\u2019s export competitiveness, particularly for MSMEs, first-time exporters, and labour-intensive sectors. Read more about Export Promotion Mission, Features, Purpose, Latest News.<\/p>\n","protected":false},"author":23,"featured_media":61066,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[2379,246,21,23],"class_list":{"0":"post-61081","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-export-promotion-mission","9":"tag-prelims-current-affairs","10":"tag-prelims-pointers","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/61081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=61081"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/61081\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/61066"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=61081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=61081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=61081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}