Government Schemes

Centre Establishes Panel to Boost Exporter Uptake of RELIEF Scheme

· GlobeWire Daily Public Services Desk · Source: www.business-standard.com

2 min read

Key takeawaysThe government has established a dedicated six-member committee to improve the utilisation of funds and enhance the uptake of the Resilience and Logistics Intervention for Export Facilitation (RELIEF) scheme among exporters.
Centre Establishes Panel to Boost Exporter Uptake of RELIEF Scheme

Original GlobeWire Daily editorial illustration — not an event photograph.

The government has established a dedicated six-member committee to improve the utilisation of funds and enhance the uptake of the Resilience and Logistics Intervention for Export Facilitation (RELIEF) scheme among exporters.

RELIEF operates as an initiative launched under the broader Rs 25,060-crore Export Promotion Mission (EPM). According to reported details, the scheme is designed to help shield exporters from escalating freight expenses, rising insurance premiums, and ongoing maritime trade disruptions affecting Gulf and West Asian corridors.

Committee Structure and Mandate

As specified in a trade notice issued by the Directorate General of Foreign Trade (DGFT), the newly formed sub-committee brings together representatives from multiple key administrative bodies:

  • Three officials representing the DGFT
  • One official from the Department of Commerce
  • One official from the Department of Financial Services
  • One official from the Export Credit Guarantee Corporation of India (ECGC)

The administrative panel has been tasked with specific oversight and evaluative responsibilities regarding the implementation of the intervention.

Key Responsibilities

  • Progress Review: The sub-committee will monitor the implementation status across the three core components of RELIEF, reviewing processed claims and assessing remaining fund balances as reported by the ECGC.
  • Uptake Analysis: Members will examine underlying factors influencing the current adoption rates of the intervention and the overall utilisation of approved financial allocations.
  • Strategic Recommendations: The panel is expected to propose actionable measures aimed at improving fund utilisation and encouraging broader participation among eligible exporters.

Practical Implications and Verification

Exporters seeking to understand how these administrative measures might affect active logistics support or claims processing can review official updates directly through trade notices published by the Directorate General of Foreign Trade (DGFT). Stakeholders are advised to cross-reference operational guidelines with notifications issued by participating departments such as the ECGC and the Department of Commerce to verify official procedural requirements.

Share this article
Read the original source: Centre sets up panel to improve uptake of RELIEF scheme for exporters - Business Standard

AI-assisted reporting; source claims are attributed and have not been independently verified.

About the author

GlobeWire Daily Public Services Desk — AI-assisted news based on attributed published sources.

More to read