Niryat Prothsaahan Scheme Brings Affordable Financing Options for India’s Exporters

The Reserve Bank of India (RBI) and the Directorate General of Foreign Trade (DGFT) have introduced a new interest subvention scheme under the Export Promotion Mission Niryat Prothsaahan, designed to support MSME exporters by lowering the cost of pre- and post-shipment rupee export credit.

This initiative provides a rules-based, transparent mechanism to ensure exporters can access affordable financing, thereby improving working capital efficiency and global competitiveness. Recent amendments have tightened eligibility norms, clarified exclusions, and aligned the scheme with RBI’s consolidated credit directions.

Key Highlights:

• Scheme Launch: Effective January 2, 2026, under EPM – Niryat Prothsaahan.
• Target Group: MSME exporters availing pre- and post-shipment credit facilities.
• Support Scope: Subvention applies only to actual interest costs borne by exporters.
• Exclusions: Deemed exports and accounts turning non-performing before export cycle completion.
• Compliance: Exporters using multiple lenders must ensure proper reporting; claims processed online only.
• Transition Benefit: MSMEs graduating to larger firms retain eligibility for three years.

This scheme is expected to strengthen liquidity, reduce financing burdens, and reinforce India’s export growth strategy.

Sources: DGFT Trade Notice No. 20/2025-26 (Jan 2, 2026), DGFT Trade Notice No. 22/2025-26 (Jan 16, 2026), TaxGuru, LiveMint.