New Delhi, Nov. 12 -- The Union Cabinet, under the leadership of Prime Minister Narendra Modi, has sanctioned the Export Promotion Mission (EPM).

This initiative, highlighted in the Union Budget for the fiscal year 2025-26, aims to enhance India's export competitiveness, with a particular focus on micro, small, and medium enterprises (MSMEs), first-time exporters, and labour-intensive sectors.

The Mission will provide a comprehensive, flexible, and digitally driven framework for export promotion, with a total outlay of Rs. 25,060 crore for FY 2025-26 to FY 2030-31, according to the release.

EPM marks a strategic shift from multiple fragmented schemes to a single, outcome-based, and adaptive mechanism that can respond swiftly to global ...