Govt widens export relief cover to support traders hit by war
Mint·2h ago·Neutral
What Happened
India's commerce ministry expanded its Relief scheme to include Egypt and Jordan as eligible destinations, supporting exporters affected by West Asia conflict. The initiative covers freight costs, insurance premiums, and war-related trade risks. Launched March 2026, the scheme implemented by ECGC provides reimbursement support for MSMEs facing elevated surcharges on shipments and future consignments.
Key Entities
India Commerce MinistryRelief SchemeEgyptJordanWest AsiaECGCMSMEsExport Promotion Mission