Centre launches RELIEF scheme to aid exporters amidst West Asia crisis

• The Centre introduced the Resilience & Logistics Intervention for Export Facilitation (RELIEF) scheme.
• RELIEF aims to support Indian exporters facing trade disruptions due to the West Asia conflict.
• Commerce Secretary Rajesh Agrawal stated it's a calibrated support package to stabilize export flows and protect market share.
• The scheme provides targeted support, especially for MSMEs, to overcome operational bottlenecks.
• RELIEF covers insured exporters and non-ECGC insured MSME exporters for one month, and future shipments for three months.