Priority support will be extended to labour-intensive sectors such as textiles, leather, gems and jewellery, engineering goods, and marine products.The EPM, first outlined in the Union Budget, will run for six years and aims to ease exporters' access to credit, innovative financing instruments, and market expansion tools. It also seeks to address longstanding concerns over high logistics costs, branding challenges, and limited overseas warehousing infrastructure.The Cabinet additionally approved higher royalty rates for four critical minerals-graphite, caesium, rubidium and zirconium-to attract investor interest in upcoming auctions. Nine blocks of these minerals have been tendered, including five blocks of graphite.The mission is designed to cushion exporters from volatility and enhance India's competitiveness in global trade. It forms part of the government's broader strategy to help businesses tap new markets, diversify supply chains, and withstand tariff shocks.

Govt approves Rs. 25,000crore export mission, extra credit support for tariff-hit traders

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GOVT-APPROVES-RS-25000CRORE-EXPORT-MISSION-EXTRA-CREDIT-SUPPORT-FOR-TARIFFHIT-TRADERS