Ministry of Commerce and Industry launched seven additional interventions under Export Promotion Mission (EPM) | Current Affairs | Vision IAS

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ESC

In Summary

  • Export Promotion Mission (EPM) aims to empower MSMEs for global exports with a Rs. 25,060 crore outlay from FY 2025-26 to FY 2030-31.
  • EPM comprises Niryat Protsahan for financial support (factoring, credit facilities) and Niryat Disha for non-financial support (TRACE, FLOW, LIFT, INSIGHT).
  • Key interventions include export factoring, credit for e-commerce exporters, support for new markets, and logistics/warehousing solutions.

In Summary

EPM is a flagship initiative aimed at empowering Micro, Small and Medium Enterprises (MSMEs) for exporting to global markets and operates through two integrated sub-schemes - Niryat Protsahan and Niryat Disha.

New Interventions 

  • Under Niryat Protsahan:
    • Export Factoring Support: Promotes export factoring as working capital solution for MSMEs and digital claim mechanism for transparency.
    • Credit Assistance for E-Commerce Exporters: Direct E-Commerce Credit Facility will provide support up to ₹50 lakh with 90% guarantee coverage; Overseas Inventory Credit Facility will extend support up to ₹5 crore with 75% guarantee coverage.
    • Support for Emerging Export Opportunities- To access new or high-risk markets.
  • Under Niryat Disha:
    • TRACE (Trade Regulations, Accreditation & Compliance Enablement): Supports Testing, Inspection, Certification (TIC) requirements.
    • FLOW (Facilitating Logistics, Overseas Warehousing & Fulfilment): Supports overseas warehousing & e-commerce export hubs.
    • LIFT (Logistics Interventions for Freight & Transport): LIFT mitigates geographical disadvantages faced by exporters in low export intensity districts.
    • INSIGHT (Integrated Support for Trade Intelligence & Facilitation): INSIGHT strengthens exporter capacity-building, district and cluster-level facilitation under the Districts as Export Hubs initiative, and development of trade intelligence systems.

About Export Promotion Mission

  • Vision: Provides a comprehensive, flexible, and digitally driven framework for export promotion.
  • Financial Outlay: Rs. 25,060 crores.
  • Timeline: Six years (FY 2025–26 to FY 2030–31).
  • Two sub-schemes:
    • Niryat Protsahan (Financial Support): Improving access to affordable trade finance for diversification into new markets.
    • Niryat Disha (Non-Financial Support): Enhancing the market readiness and competitiveness of exporters.
  • Implementing Agency: Directorate General of Foreign Trade.
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MSMEs (Micro, Small and Medium Enterprises)

Businesses classified based on their investment and annual turnover. Many MSMEs, such as small brick kilns and dyeing units, face financial constraints in adopting pollution-control technologies.

Directorate General of Foreign Trade (DGFT)

The apex body of the Government of India to formulate and implement the Foreign Trade Policy of India with the main objective of promoting exports and trade. Its portal is used by exporters to file intent to access credit under the EPM.

INSIGHT (Integrated Support for Trade Intelligence & Facilitation)

An initiative under Niryat Disha that strengthens exporter capacity-building, supports district and cluster-level facilitation, and develops trade intelligence systems to boost exports.

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