GoI launches RELIEF scheme to support Indian exporters amid West Asia conflict
In March 2026, the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry (MoC&I) announced the launch of a new initiative, Resilience and Logistics Intervention for Export Facilitation (RELIEF) scheme to support Indian exporters impacted by the ongoing conflict in West Asia.
Key Highlights
Purpose: The RELIEF initiative is a time-bound and targeted measure aimed at mitigating the impact of rising logistics costs, higher insurance premiums, and war-related risks affecting export consignments moving to or through the Gulf region.
Financial Outlay: The scheme will be implemented with a financial outlay of Rs 497 crore (Cr) under the Export Promotion Mission (EPM).
In March 2026, the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry (MoC&I) announced the launch of a new initiative, Resilience and Logistics Intervention for Export Facilitation (RELIEF) scheme to support Indian exporters impacted by the ongoing conflict in West Asia.
Key Highlights
Purpose: The RELIEF initiative is a time-bound and targeted measure aimed at mitigating the impact of rising logistics costs, higher insurance premiums, and war-related risks affecting export consignments moving to or through the Gulf region.
Financial Outlay: The scheme will be implemented with a financial outlay of Rs 497 crore (Cr) under the Export Promotion Mission (EPM).
- A dashboard-based monitoring system will be introduced to track claims and fund utilisation in real time.
Implementing Agency: The ECGC Ltd. (Formerly Export Credit Guarantee Corporation of India Ltd.), wholly owned by Government of India (GoI), has been designated as the nodal and implementing agency responsible for verification, claim processing, disbursement and monitoring.
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