The Export Promotion Mission has been approved for the period stretching FY26 to FY31. (Photo: Bernd Dittrich/Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The Union Cabinet on Wednesday approved schemes worth Rs 45,000 crore to support exporters amid the ongoing global headwinds.

This comprises the much-awaited Rs 25,000-crore Export Promotion Mission, wherein the government will give priority to sectors like leather, gem and jewellery and leather.

Additionally, the Cabinet has also approved the expansion of Credit Guarantee Scheme for Exporters, with an overall outlay of Rs 20,000 crore.

'Flagship Initiative For Exports'

The Export Promotion Mission, or EPM, will mark a strategic shift from multiple fragmented schemes to a "single, outcome-based, and ada

See Full Page