The Indian government has announced a ₹497 crore relief package for exporters to mitigate the impact of logistics disruptions caused by the war in West Asia.
The RELIEF package comprises three components, including 100% risk coverage for exporters with existing ECGC credit insurance, up to 95% risk coverage for new shipments, and a partial reimbursement mechanism for micro, small and medium enterprises (MSMEs).
The interventions are part of the ₹25,060 crore Export Promotion Mission (EPM) 2026-31, which aims to protect exporter confidence, prevent order cancellations, and safeguard employment in export-linked sectors.
ECGC Ltd has been designated as the nodal and implementing agency responsible for verification, claim processing, disbursement, and monitoring under the approved framework.
