India Unveils ₹497 Crore Relief Package for Exporters Amid West Asia Conflict

The Resilience and Logistics Intervention for Export Facilitation comprises three complementary components covering consignments destined to West Asia| India News

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The Indian government has launched a ₹497 crore relief package for exporters to mitigate the impact of logistics disruptions caused by the conflict in West Asia.

The package, called RELIEF (Resilience and Logistics Intervention for Export Facilitation), comprises three components to support exporters with ECGC credit insurance cover, those planning upcoming consignments, and micro, small, and medium enterprises (MSMEs).

Exporters with ECGC cover will receive up to 100% risk coverage, while those without cover will be encouraged to obtain ECGC support for up to 95% risk coverage.

MSMEs will receive a partial reimbursement mechanism for extraordinary freight and insurance surcharges.

The relief package is part of the ₹25,060 crore Export Promotion Mission (EPM) 2026-31, aimed at mitigating logistics disruptions, protecting exporter confidence, and safeguarding employment in export-linked sectors.

The government has also set up an inter-ministerial group to monitor the situation and coordinate facilitation measures.