Cabinet Approves Export Promotion Mission with Rs.25,060 Crore Outlay

The Union Cabinet has approved the Export Promotion Mission (EPM) to enhance India's export competitiveness, particularly for MSMEs and first-time exporters. With an outlay of Rs.25,060 crore for FY 2025–26 to FY 2030–31, EPM aims to consolidate fragmented schemes into a single adaptive framework. It includes two sub-schemes: NIRYAT PROTSAHAN for trade finance access and NIRYAT DISHA for market readiness. The mission addresses challenges like limited trade finance and high compliance costs, focusing on sectors affected by global tariff escalations.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link