Home / Business and Economy / India Boosts Exports: Rs 7,295 Cr Credit Support Unveiled
India Boosts Exports: Rs 7,295 Cr Credit Support Unveiled
2 Jan
Summary
- A Rs 7,295 crore export support package was announced.
- The package includes Rs 5,181 crore interest subvention.
- Collateral support of Rs 2,114 crore aims to ease credit access.
The government has announced a substantial export support package totaling Rs 7,295 crore, aimed at strengthening India's international trade position. This comprehensive initiative comprises an Rs 5,181 crore interest subvention scheme and Rs 2,114 crore in collateral support, both designed to improve exporters' access to vital credit facilities. These measures are set to be implemented over a six-year period, from 2025 to 2031.
The interest subvention scheme will offer eligible MSME exporters subsidies ranging from 2.75 percent on pre- and post-shipment export credit. This component, part of the larger Rs 25,060 crore export promotion mission approved in November 2025, seeks to provide competitive rates amidst global trade challenges. The first part of this mission, market access support with a Rs 4,531 crore outlay, was launched on December 31, 2025.
