Export Promotion Mission (EPM) ₹25,060-crore seven-point plan to boost exports

Key facts

• Export Promotion Mission (EPM) launched by Commerce Minister Piyush Goyal with ₹25,060-crore outlay over six years.
• Live Events Direct E-Commerce Credit Facility offers up to ₹50-lakh credit with 90% guarantee for digital exporters.
• Overseas Inventory Credit Facility provides up to ₹5-crore credit, 75% guarantee and 2.75% interest subvention capped at ₹15-lakh per year.
• Interest subvention of 2.75% on export factoring through RBI- or IFSCA-recognised entities, capped at ₹50-lakh per MSME annually.
• Trade Regulations, Accreditation and Compliance Enablement (TRACE) reimburses 60% of certification costs under Positive List and 75% under Priority Positive List with annual ceiling of ₹25-lakh per entity.
• Facilitating Logistics, Overseas Warehousing and Fulfilment (FLOW) gives up to 30% support for approved overseas warehousing costs over three years.
• Logistics Interventions for Freight and Transport (LIFT) reimburses up to 30% of eligible freight expenses, capped at ₹20-lakh per year for exporters in northeastern and hilly regions.
• INSIGHT programme covers 50% of project costs for trade intelligence, up to 100% for government or Indian mission proposals.