India's ₹25,060 Cr Export Mission Boosts MSMEs, Labor Sectors

• India is launching the Export Promotion Mission (EPM) with a ₹25,060 crore outlay for FY 2025–26 to FY 2030–31.
• The EPM aims to strengthen India’s export competitiveness, focusing on MSMEs, first-time exporters, and labour-intensive sectors.
• The mission includes two sub-schemes: NIRYAT PROTSAHAN for affordable trade finance and NIRYAT DISHA for non-financial market readiness.
• It addresses structural challenges like limited trade finance, high compliance costs, inadequate branding, and logistical disadvantages.
• Priority support will be extended to sectors such as textiles, leather, gems and jewellery, engineering goods, and marine products.

Why It Matters: India's ₹25,060 crore export mission aims to boost MSMEs, jobs, and economic growth.