Prelims Perspective: What needs to be learned?
- What is it?
- Features
- Targeted Sectors
- Implementation
Mains Perspective: Notes need to be prepared
- Liberalization of the Economy (GS III – Economy)
What needs to be known?
- Export Promotion Mission (EPM)
- Launch: As part of the Union Budget 2025 – 26.
- What is it?: Umbrella mechanism to coordinate export-related policies, infrastructure, logistics, and support systems.
- Period: 6 years
- Nodal Ministry: Ministry of Commerce & Industry
- Associated Ministry
- Ministry of Micro, Small and Medium Enterprises (MSME)
- Ministry of Finance
- Ministry of External Affairs
- Features
- Delivers end-to-end digital processing through the DGFT platform
- Targets MSMEs and labour-intensive sectors.
- Prioritises tariff-hit sectors, including: Textiles, Leather, Gems and jewellery, Engineering goods and Marine products
- Components
- Niryat Protsahan offers export credit support, trade instruments, e-commerce facilitation, and MSME export promotion.
- Niryat Disha focuses on export quality, warehousing, branding, packaging, market access, compliance, and trade intelligence.
Source: The Hindu