The government just merged a dozen scattered export schemes into one. It comes with a ₹25,060 crore price tag.
Indian Economy · IndEco0221
EPM
Export Promotion Mission
Feb 2025
EPM is first announced, in the Union Budget 2025-26.
12 Nov 2025
Cabinet approves EPM, with a ₹25,060 crore outlay.
21 Feb 2026
7 more measures launch; 10 of 11 interventions now live.
1 Jun 2026
A 90-day activation drive begins for District Export Hubs.
One Scheme, Not a Dozen
EPM deliberately replaces a patchwork of older, scheme-specific export incentives with a single, outcome-based, digitally-driven mechanism — run through just two sub-schemes, Niryat Protsahan and Niryat Disha.
Timeline
- February 2025: The Export Promotion Mission is first announced, in the Union Budget 2025-26.
- 12 November 2025: The Union Cabinet approves EPM, with a ₹25,060 crore outlay for FY2025-26 to FY2030-31.
- 21 February 2026: Commerce Minister Piyush Goyal launches 7 more measures under EPM, taking 10 of its 11 proposed interventions live.
- 1 June 2026: A 90-day activation drive begins for EPM’s District Export Hubs initiative.
Must Know
- The Export Promotion Mission (EPM) is a Cabinet-approved scheme with a ₹25,060 crore outlay, covering FY2025-26 to FY2030-31.
- It merges many separate, older export-support schemes into one outcome-based, digitally-driven framework.
- EPM runs through two sub-schemes: Niryat Protsahan and Niryat Disha.
- The Directorate General of Foreign Trade (DGFT) is EPM’s implementing agency.
- EPM specifically targets MSMEs, first-time exporters, and labour-intensive sectors.
Good to Know
- Niryat Protsahan covers financial support: interest subvention, export factoring, collateral guarantees, credit cards for e-commerce exporters, and credit enhancement for market diversification.
- Niryat Disha covers non-financial enablers: quality and compliance assistance, branding and packaging support, trade fair participation, and warehousing and logistics support.
- Compliance-cost reimbursement runs under a component called TRACE. Logistics and warehousing support run under FLOW and LIFT.
- EPM also funds District Export Hubs, extending organised export promotion down to the district level for the first time.
- Implementation also involves the Department of Commerce, the Ministry of MSME, the Ministry of Finance, and Export Promotion Councils, alongside DGFT.
Test Yourself
Great to Know
- EPM was first announced in the Union Budget 2025-26, months before the Cabinet formally approved it that November.
- By February 2026, 10 of EPM’s 11 originally proposed interventions were already operational, a fast rollout for a mission barely three months old.
- All EPM processes, from application to disbursal, run through one dedicated digital platform.
- As of a June 2026 review, EPM’s branding-support component was still under wider stakeholder consultation, unlike its other interventions.
- EPM is a domestic export-support mechanism, distinct from India’s trade agreements. For the treaty side of India’s export push, see IntlRel0056 — India’s Free Trade Agreements.
Current Affairs
- 24 June 2026: Commerce Minister Piyush Goyal chaired an interaction with Export Promotion Councils and industry associations, in New Delhi, to review EPM’s progress. (Source: India Shipping News)
- Additional Director General of Foreign Trade Abhinav Gupta reported that EPM’s District Export Hubs initiative began a 90-day activation drive on 1 June 2026.
- Ten of EPM’s eleven proposed interventions have already rolled out. The branding-support component remains under wider stakeholder consultation.
- Goyal urged Export Promotion Councils to stay actively engaged with DGFT, and to submit focused, quantifiable, outcome-oriented proposals.
- 21 February 2026: Goyal launched 7 additional measures under EPM, taking 10 of its 11 proposed interventions into effect — including dedicated credit facilities for e-commerce exporters, export factoring support, compliance-cost reimbursement under TRACE, and logistics support under FLOW and LIFT. (Source: PIB)
- 12 November 2025: The Union Cabinet approved EPM, with its ₹25,060 crore outlay for FY2025-26 to FY2030-31. (Source: PIB)
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