Commerce Ministry – Artifex.News

Govt announces two more credit-linked schemes under Export Promotion Mission

admin — Fri, 02 Jan 2026 13:05:00 +0000

Image used for representational purpose only.
| Photo Credit: Getty Images/iStockphoto

The government on Friday (January 2, 2026) launched two new components of the Export Promotion Mission (EPM) aimed at easing and reducing the cost of the credit access process for exporters.

This comes days after the Ministry of Commerce and Industry notified guidelines for a market access scheme under the EPM. With Friday’s (January 2) launches, three out of 11 schemes under the EPM, which itself was announced in Budget 2025 and received Cabinet approval in November, have now been operationalised.

The two schemes announced on Friday (January 2) would entail an outlay of ₹5,181 crore over six years until 2030-31.

While the market access scheme was under the Niryat Disha aspect of the EPM, aimed at helping exporters become more competitive, the two schemes launched on Friday (January 2) were under the Niryat Protsahan category, which is meant to lower the cost of credit for exporters.

The Interest Subvention for Pre- and Post-Shipment Export Credit scheme will reduce the cost of export finance and “strengthens MSME liquidity, improves competitiveness, and supports India’s integration into global value chains, while ensuring fiscal prudence and compliance”, the Ministry of Commerce said in its announcement.

“Eligible MSME exporters can avail interest subvention on rupee export credit (pre- and post-shipment) extended by scheduled banks, in accordance with RBI Master Directions,” it added.

The second sub-scheme — Collateral Support for Export Credit — is aimed at giving MSME exporters the ability to access bank credit even with limited collateral or third-party guarantees.

The scheme will be implemented through the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) on a pilot basis and will be applicable to export-linked working capital loans. MSME exporters exporting notified tariff lines will be eligible for the collateral support.

Micro & small exporters would be eligible for up to 85% guarantee, while medium exporters would be capped at a 65% guarantee. The overall guarantee ceiling would be ₹10 crore per exporter for the current financial year. This will be reviewed periodically.

Exporters are required to file an intent to access credit on the Directorate General of Foreign Trade’s portal, following which the bank would assess the proposal. If it meets the requirements, the CGTMSE would issue the guarantee and the exporter would receive the credit.

Published – January 02, 2026 06:35 pm IST

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Govt extends ban on onion exports till further orders

admin — Sat, 23 Mar 2024 09:19:43 +0000

The export ban on onion has been extended till further orders, a notification by DGFT said. File
| Photo Credit: SHIV KUMAR PUSHPAKAR

The Government has extended the export ban on onion till further orders, according to a notification of the Commerce Ministry. Earlier, it was prohibited till March 31 this year.

“Export prohibition on export of onions valid till 31st March 2024, is extended until further orders,” the Directorate General of Foreign Trade (DGFT) has said in a notification dated March 22. DGFT is an arm of the Ministry which deals with exports and imports-related issues.

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India initiates anti-dumping probe into imports of solar glass from China, Vietnam

admin — Fri, 16 Feb 2024 07:56:45 +0000

India has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China. (Representational image only.)
| Photo Credit: The Hindu

India has initiated an anti-dumping probe into imports of certain solar glass from China and Vietnam, following a complaint by domestic players.

The Commerce Ministry’s investigation arm Directorate General of Trade Remedies (DGTR) is probing the alleged dumping of ‘Textured Tempered Coated and Uncoated Glass’ made or from China and Vietnam.

The product is also known by various names such as solar glass or solar photovoltaic glass in the market parlance. An application has been filed by Borosil Renewables Limited on behalf of the domestic industry for the probe and the imposition of appropriate anti-dumping duty on imports.

“On the basis of the duly substantiated application by the domestic industry, and having satisfied itself, on the basis of prima facie evidence submitted by the applicant substantiating the dumping and consequent injury to the domestic industry, the authority hereby initiates an anti-dumping investigation into the alleged dumping,” the notification said.

If it is established that the dumping has caused material injury to domestic players, DGTR would recommend the imposition of anti-dumping duty on the imports. The Finance Ministry takes the final decision to impose duties.

There is sufficient evidence that the product is being dumped in the domestic market of India by the exporters from these two countries.

Anti-dumping probes are conducted by countries to determine whether domestic industries have been hurt because of a surge in cheap imports. As a countermeasure, they impose these duties under the multilateral regime of the Geneva-based World Trade Organisation (WTO).

The duty is aimed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters. India has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China.

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