Export Promotion Mission: Seven New MSME Export Interventions
Why in the news
The Union Commerce and Industry Minister rolled out seven fresh measures under the Export Promotion Mission (EPM) to widen MSME presence in global trade.
Key facts
- EPM is a flagship of the Department of Commerce, built on finance, logistics, compliance and market access.
- Digitally monitored; arms are Niryat Protsahan (money) and Niryat Disha (ecosystem).
| Component | Support |
|---|---|
| Trade finance | Export factoring, e-commerce credit, 2.75% subvention, credit guarantees |
| TRACE | Part reimbursement of testing, inspection, certification |
| FLOW and LIFT | Overseas warehouses, freight reimbursement, e-commerce hubs |
| INSIGHT | District export hubs, market intelligence |
| MSME aid | Credit to ₹5 crore, interest subsidy, guarantees |
| Market access | Bharat Mart (Dubai) for GCC, Africa, Europe |
Exam angle
- Nodal department: Commerce; subvention: 2.75%.