The Directorate General of Foreign Trade (DGFT) has issued two Trade Notices launching new interventions under the Export Promotion Mission (EPM) – NIRYAT PROTSAHAN. These interventions are intended to support Micro, Small and Medium Enterprises (MSMEs) engaged in international trade, particularly through e-commerce channels and exports to under-served markets. The measures aim to improve access to finance, strengthen trade finance mechanisms, and enhance participation of MSMEs in global value chains. Both interventions are initially operationalised on a pilot basis and stakeholder feedback has been invited within 30 days of issuance of the Trade Notices.

1. Credit Assistance for E-Commerce Exporters

DGFT has implemented the intervention titled “Credit Assistance for E-Commerce Exporters” to enhance access to working capital for MSMEs involved in international value chains through e-commerce.

1. • Credit assistance will be provided to eligible MSMEs through working capital facilities such as Cash Credit, Overdraft, or other working capital facilities extended by scheduled commercial banks and financial institutions.
   • Credit facilities will receive credit guarantee cover and interest subvention support, subject to notified ceilings and conditions.
   • The intervention will be operationalised on a pilot basis through the Export-Import Bank of India (Exim Bank) along with the National Credit Guarantee Trustee Company (NCGTC) as implementing agencies.
   • Assistance includes:
     • Direct E-Commerce Credit Facility with credit limit up to ₹50 lakh and guarantee cover up to 90% for a maximum period of 365 days.
     • Overseas Inventory E-Commerce Credit Facility with credit limit up to ₹5 crore and guarantee cover up to 75% for a maximum period of 365 days.
   • Partner banks shall offer an upfront interest subvention of 2.75% on eligible financing to MSMEs under the intervention.
   • The annual subvention amount is capped at ₹15 lakh per beneficiary MSME in a financial year.
   • Support shall apply only to credit facilities sanctioned on or after March 06, 2026.
2. Support for Emerging Export Opportunities

DGFT has also implemented the intervention titled “Support for Emerging Export Opportunities” to enhance trade connectivity and facilitate access to trade finance for exports to under-served markets.

1. • The intervention provides risk-sharing support for eligible trade finance transactions facilitated through banks.
   • Support will be available exclusively to eligible MSMEs involved in international value chains holding a valid Importer-Exporter Code (IEC) and Udyam Registration Number.
   • The risk-sharing support will apply to trade finance instruments including:
     • Stand-by Letters of Credit (SBLC)
     • Risk Participation (RP)
     • Irrevocable Reimbursement Undertaking (IRU)
     • Letter of Credit Confirmation
     • Letter of Credit Negotiation
     • Usance Payable at Sight Letter of Credit (UPAS LC)
   • Exim Bank, along with NCGTC, will implement the intervention and extend risk coverage support to partner banks.
   • Risk-sharing support will range between 10% and 80% of the transaction value based on risk assessment under a comprehensive risk model, while Exim Bank may extend up to 100% cover for eligible instruments.
   • Exposure limits under the intervention include:
     • Country-wise cap: 15% of Maximum Liability Permissible (MLP)
     • Exporter-wise cap: 5% of MLP
     • Transaction-wise cap: 1% of MLP

Issuing bank-wise cap: 10% of MLP.