Published on Jan 3, 2026
Current Affairs
The government announced a Rs.7,295-crore export support package
The government announced a Rs.7,295-crore export support package

♦ On 2 January 2026,  the government announced a Rs.7,295-crore export support package, comprising a Rs.5,181-crore interest subvention scheme along with a Rs.2,114-crore collateral support, to improve exporters' access to credit. Both measures will be rolled out over a period of six years (2025-31).

♦ Under the interest subvention scheme, exporters will get a subsidy on pre- and post-shipment export credit.

♦ This is the second component of the Rs 25,060-crore export promotion mission (EPM) approved in November 2025.

♦ The first component- market access support with an outlay of Rs.4,531 crore was rolled out on December 31, 2025.