Commerce Ministry extends RELIEF scheme for exporters to March 31, 2027
The Department of Commerce has extended the RELIEF scheme for exporters until March 31, 2027, to address ongoing geopolitical disruptions affecting maritime logistics in West Asia. This initiative, part of the Export Promotion Mission, aims to encourage exporters to secure coverage from the Export Credit Guarantee Corporation of India by offering 95 percent risk coverage for shipments to specified regions. Eligible exporters can benefit from premium protection against increases during the eligible period for various cargo types, excluding energy shipments. Exporters must submit claims and supporting documents through the ECGC customer portal to access this support.
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