Cabinet approves ₹25,060 crore Export Promotion Mission
The Union Cabinet chaired by Prime Minister Narendra Modi approved the Export Promotion Mission (EPM) on 12 November 2025 with an outlay of ₹25,060 crore for FY 2025â26 to FY 2030â31, to boost exports especially by MSMEs, first-time exporters and labour-intensive sectors.
Summary
The Export Promotion Mission, announced in the Union Budget 2025â26, replaces several fragmented schemes with a single outcome-based framework run jointly by the Department of Commerce, the Ministry of MSME and the Ministry of Finance with export councils, commodity boards and states. It has two sub-schemes: NIRYAT PROTSAHAN for affordable trade finance (interest subvention, export factoring, collateral guarantees, credit cards for e-commerce exporters) and NIRYAT DISHA for non-financial support such as quality compliance, branding, trade fairs, warehousing and logistics. The Mission folds in the Interest Equalisation Scheme and the Market Access Initiative and gives priority to sectors hit by recent global tariff rises, such as textiles, leather, gems and jewellery, engineering goods and marine products.
Key facts
- Scheme
- Export Promotion Mission (EPM)
- Outlay
- ₹25,060 cr
- Period
- FY 2025â26 to FY 2030â31
- Sub-schemes
- NIRYAT PROTSAHAN (finance); NIRYAT DISHA (non-financial)
- Schemes merged
- Interest Equalisation Scheme; Market Access Initiative
- Announced in
- Union Budget 2025â26
Practice MCQs 3 questions
What is the total outlay of the Export Promotion Mission approved by the Union Cabinet on 12 November 2025?
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Correct answer: B â ₹25,060 crore
The Export Promotion Mission has an outlay of ₹25,060 crore for FY 2025â26 to FY 2030â31. ₹20,000 crore is the credit support under the separate Credit Guarantee Scheme for Exporters.
Consider the following statements about the Export Promotion Mission: 1. NIRYAT PROTSAHAN focuses on access to affordable trade finance for MSMEs. 2. NIRYAT DISHA focuses on non-financial enablers such as branding, compliance and logistics. Which of the statements given above is/are correct?
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Correct answer: C â Both 1 and 2
The EPM has two sub-schemes: NIRYAT PROTSAHAN for trade finance and NIRYAT DISHA for non-financial support.
Which existing export support schemes are consolidated into the Export Promotion Mission?
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Correct answer: A â Interest Equalisation Scheme and Market Access Initiative
The Cabinet release says the EPM consolidates the Interest Equalisation Scheme (IES) and the Market Access Initiative (MAI).