Export Promotion Mission rolls out interest subvention and collateral guarantee for MSME exporters
The Commerce Ministry on 2 January 2026 launched two interventions under the NIRYAT PROTSAHAN sub-scheme of the Export Promotion Mission: interest subvention on export credit and a CGTMSE-backed collateral guarantee for MSME exporters.
Summary
The Ministry of Commerce and Industry on 2 January 2026 launched two interventions under NIRYAT PROTSAHAN, a sub-scheme of the Export Promotion Mission, to improve trade finance for MSME exporters. The first gives a base interest subvention of 2.75% on pre- and post-shipment rupee export credit for products on a notified positive list covering about 75% of tariff lines, with a cap of ₹50 lakh per Importer Exporter Code in FY 2025–26. The second, run with the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), offers collateral guarantee cover of up to 85% for micro and small exporters and up to 65% for medium exporters; the Mission itself was approved by the Union Cabinet on 12 November 2025 with an outlay of ₹25,060 crore for FY 2025–26 to FY 2030–31.
Key facts
- Sub-scheme
- NIRYAT PROTSAHAN (trade finance); other sub-scheme NIRYAT DISHA (non-financial)
- Interest subvention
- Base 2.75% on pre/post-shipment rupee export credit
- Coverage / cap
- Positive list ~75% of tariff lines; ₹50 lakh per IEC in FY 2025–26
- Collateral guarantee
- Up to 85% (micro & small), 65% (medium); with CGTMSE
- Mission approval
- Union Cabinet, 12 November 2025
- Outlay
- ₹25,060 crore, FY 2025–26 to FY 2030–31
Practice MCQs 3 questions
Under the NIRYAT PROTSAHAN intervention launched in January 2026, what is the base interest subvention on pre- and post-shipment rupee export credit?
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Correct answer: A — 2.75%
PIB (Commerce): a base interest subvention of 2.75% is provided, with additional incentive for exports to notified under-represented or emerging markets.
With which institution is the collateral guarantee support for MSME export credit under the Export Promotion Mission being introduced?
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Correct answer: A — CGTMSE
PIB (Commerce): the collateral guarantee support is being introduced in partnership with the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).
Consider the following statements about the Export Promotion Mission: 1. It was approved by the Union Cabinet on 12 November 2025 with an outlay of ₹25,060 crore. 2. Its two sub-schemes are NIRYAT PROTSAHAN and NIRYAT DISHA. 3. It is implemented by the Department of Commerce alone. Which of the statements given above is/are correct?
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Correct answer: B — 1 and 2 only
PIB (Commerce): the Mission was approved on 12 November 2025 with ₹25,060 crore and has two sub-schemes, NIRYAT PROTSAHAN and NIRYAT DISHA. It is jointly implemented by the Department of Commerce, Ministry of MSME and Ministry of Finance, so statement 3 is wrong.