Govt okays Rs 25k crore export mission and extra credit for traders hit by tariffs | India News – The Times of India

Govt okays Rs 25k crore export mission and extra credit for traders hit by tariffs | India News – The Times of India

NEW DELHI: The cabinet on Wednesday cleared the ‘25,000-cr Export Promotion Mission and ‘20,000 cr additional collateral-free credit to support exporters grappling with global trade uncertainty. Priority support is being given to sectors such as textiles, leather, gems and jewelry, engineering goods, and marine products hit by US tariffs. The mission, which was announced in…

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Countering Trump tariffs impact! Modi government approves new Export Promotion Mission & credit guarantee scheme for exporters; check details – The Times of India

Countering Trump tariffs impact! Modi government approves new Export Promotion Mission & credit guarantee scheme for exporters; check details – The Times of India

The Export Promotion Mission will consolidate multiple schemes into a single mechanism. (AI image) Prime Minister Narendra Modi-led Union Cabinet on Wednesday approved an Export Promotion Mission (EPM) with an outlook of Rs 25,060 crore. The move assumes significance at a time when India’s exports to the US face a penal 50% tariff. Additionally, the…

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