ECONOMY
Government unveils Rs 25,060-crore mission to boost prospects of tariff-battered exporters
- IBJ Bureau
- Nov 13, 2025
The government has approved an export promotion mission with an outlay of Rs 25,060 crore for six financial years, beginning from this financial year. The decision is expected to help exporters deal with high tariffs imposed by the US.
The mission will be implemented through two sub-schemes – Niryat Protsahan (Rs 10,401 crore) and Niryat Disha (Rs 14,659 crore).
It is a very comprehensive mission, and it will support the complete export ecosystem, Information and Broadcasting Minister Ashwini Vaishnav has said.
Under the mission, priority support will be extended to sectors impacted by recent escalation of global tariffs, such as textiles, leather, gems and jewellery, engineering goods and marine products.
The measure will help insulate domestic exporters from the high tariffs imposed by the US on Indian goods. The US has imposed a hefty 50 per cent tariff on Indian goods, starting from August 27.
Under Niryat Protsahan, focus will be given to improve access to affordable trade finance for MSMEs through a range of instruments, such as interest subvention, export factoring, collateral guarantees, credit cards for e-commerce exporters and credit enhancement support for diversification into new markets.
Similarly under Niryat Disha, focus will be on non-financial enablers that enhance market readiness and competitiveness, including support for export quality and compliance, assistance for international branding, packaging and participation in trade fairs, export warehousing and logistics, inland transport reimbursements and trade intelligence and capacity-building initiatives.
The mission is designed to address directly structural challenges that constrain Indian exports, including limited and expensive to trade finance, high cost of compliance with international export standards, inadequate export branding and fragmented market access and logistical disadvantages for exporters in interior and low-export-intensity regions.
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