Department of Commerce extends the RELIEF initiative for exporters under the Export Promotion Mission
26 October 2026
The Department of Commerce extended the timelines of Component II of the RELIEF initiative to 31 March 2027.
RELIEF stands for Resilience and Logistics Intervention for Export Facilitation. It is a time-bound intervention under the Export Promotion Mission and was launched on 19 March 2026.
The extension was notified through Notification No. 37/2026-27 dated 30 September 2026.
The reason given is continued geopolitical disruption in West Asia and its effect on maritime logistics in the Gulf and nearby regions.
Component II encourages exporters to take Export Credit Guarantee Corporation of India cover for shipments to specified regions, with 95 per cent risk coverage and protection against premium increases.
Standalone Policies and Whole Turnover Policies taken on or after 16 March 2026 are eligible. Full Container Load, Less than Container Load and reefer containers are covered, while energy shipments are excluded.
In plain words
RELIEF Resilience and Logistics Intervention for Export Facilitation — A time-bound scheme under the Export Promotion Mission for exporters hit by West Asian shipping disruption.
ECGC Export Credit Guarantee Corporation of India — A government-owned company that insures Indian exporters against payment risks.