Government Launches RELIEF for Exporters in West Asia Amid Logistics Challenges

The Indian Government has authorized the RELIEF intervention under the Export Promotion Mission to aid exporters facing logistical challenges due to disruptions in West Asia. The initiative aims to provide financial support, risk coverage, and procedural easing to mitigate increased logistics costs and operational uncertainties. The ECGC Ltd. will act as the nodal agency for implementation, offering up to 100% risk coverage and up to 50% reimbursement for MSMEs.

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