New Delhi, Jan. 5 -- The government launched export finance support schemes worth Rs 7,295 crore to improve access to trade credit for micro, small and medium exporters over the next six years (FY26-31), officials said. The measures are part of the Export Promotion Mission approved by the Union Cabinet in November 2025.

Interest Subvention to Lower Cost of Export Credit

A key component is the 'Interest Subvention for Pre- and Post-Shipment Rupee Export Credit' scheme with an outlay of about Rs 5,181 crore over six years. The scheme will help MSME exporters access rupee-denominated working-capital finance at competitive rates, below market interest costs, reported BS.

An initial provision will also clear about Rs 830 crore of arrears. A...