Government to Launch 'Sanjeevani' Scheme to Aid Traders Amidst Middle East Crisis
Loading more articles...
Middle East Crisis: India Plans 'Sanjeevani' Aid for Exporters Amid Trade Shocks
N
News18•09-03-2026, 22:10
Middle East Crisis: India Plans 'Sanjeevani' Aid for Exporters Amid Trade Shocks
•Central government considers 'Sanjeevani' scheme to protect Indian exporters from potential shocks due to escalating Middle East tensions.
•Geopolitical conflict involving US, Israel, Iran increases uncertainty in maritime routes and energy markets, impacting global trade and supply chains.
•The Export Promotion Mission (approved Nov 2025, ₹25,060 crore) supports exports via Niryat Protsahan (financial aid) and Niryat Disha (market access).
•Exporters like Pankaj Chadha (EEPC) and S.C. Ralhan (FIEO) express concern over rising logistics and marine insurance costs.
•Experts warn prolonged conflict could lead to higher energy prices, increased production costs, reduced export competitiveness, and rupee volatility.