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Economy 1 min read

Government Launches Two Pilot Credit Schemes under Export Promotion Mission

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Two pilot credit schemes were launched under Niryat Protsahan, the financial-support arm of the Export Promotion Mission. The Interest Subvention Scheme gives eligible exporters 2.75% support on rupee export loans. The Collateral Support Scheme gives credit guarantees of up to ₹10 crore through CGTMSE. The mission started in November 2025 with a six-year budget of ₹25,060 crore, and it aims to cut export costs, especially for MSMEs.