SF Prep Notes

Government approves RELIEF, a ₹497-crore export support under the Export Promotion Mission, with ECGC as nodal agency

On 19 March 2026 the Government approved RELIEF (Resilience & Logistics Intervention for Export Facilitation) under the Export Promotion Mission to support exporters hit by West Asia shipping disruption, with an outlay of ₹497 crore and ECGC Ltd as the nodal agency.

Summary

RELIEF (Resilience & Logistics Intervention for Export Facilitation) is a time-bound intervention under the Export Promotion Mission, approved on 19 March 2026 for exporters facing extraordinary freight, insurance premia and war-related risks after security concerns around the Strait of Hormuz. RELIEF has three parts for consignments to countries such as the UAE, Saudi Arabia, Kuwait, Israel, Qatar, Oman, Bahrain, Iraq, Iran and Yemen: up to 100% extra risk cover for ECGC-insured shipments of 14 February–15 March 2026; Government-supported ECGC cover of up to 95% for shipments of 16 March–15 June 2026; and up to 50% reimbursement, capped at ₹50 lakh per exporter, for non-insured MSME exporters. ECGC Ltd is the nodal and implementing agency and the outlay is ₹497 crore. An Inter-Ministerial Group on Supply Chain Resilience, operational since 2 March 2026, shaped the intervention.

Key facts

Full form
Resilience & Logistics Intervention for Export Facilitation
Under
Export Promotion Mission (EPM)
Nodal agency
ECGC Ltd
Outlay
₹497 crore
Component 1
Up to 100% extra risk cover, ECGC-insured shipments, 14 Feb–15 Mar 2026
Component 2
Up to 95% Government-supported ECGC cover, 16 Mar–15 Jun 2026
Component 3
Up to 50% reimbursement for non-insured MSME exporters, max ₹50 lakh each
Background
IMG on Supply Chain Resilience operational from 2 March 2026

Practice MCQs 4 questions

Q1

Which body is the nodal and implementing agency for the RELIEF export intervention approved in March 2026?

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Correct answer: D — ECGC Ltd

ECGC Ltd has been designated the nodal and implementing agency for verification, claim processing, disbursement and monitoring under RELIEF.

Q2 Advanced

RELIEF, approved on 19 March 2026 to help exporters amid West Asia disruption, is an intervention under:

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Correct answer: D — Export Promotion Mission

RELIEF (Resilience & Logistics Intervention for Export Facilitation) is an intervention under the Export Promotion Mission (EPM).

Q3 Advanced

What is the approved financial outlay for RELIEF under the Export Promotion Mission?

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Correct answer: A — ₹497 crore

RELIEF will be implemented under the Export Promotion Mission with an approved outlay of ₹497 crore.

Q4 Advanced

Consider the following about RELIEF (March 2026): 1. ECGC-insured consignments shipped between 14 February and 15 March 2026 can get up to 100% risk cover over and above existing ECGC cover. 2. Non-ECGC-insured MSME exporters can get full reimbursement of freight surcharges with no ceiling. Which of the above is/are correct?

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Correct answer: A — 1 only

Statement 1 is correct. Statement 2 is wrong: non-insured MSME exporters get partial reimbursement of up to 50%, capped at ₹50 lakh per exporter.

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