Categories: BUSINESS

US tariff shield: Export promotion mission heads to Cabinet, Rs 25,000 crore support on table

The Indian government’s Export Promotion Mission, aimed at protecting exporters from global trade shocks, is nearing Union Cabinet approval after inter-ministerial consultations. Announced in the Union Budget, the scheme proposes roughly Rs 25,000 crore in support measures for exporters over six financial years (2025-2031). This initiative could buffer Indian exporters against uncertainties like the recent US tariff hike.
Sumitra

Share
Published by
Sumitra
1 year ago

Recent Posts

IDFC First Bank Q2 profit nearly triples to Rs 1,045 crore; loan assets rise 30%

In Q2 FY27, IDFC First Bank showcased an impressive profit surge of 196.5 percent year-on-year,…

16 hours ago

Kotak Mahindra Bank Q2 results: Consolidated net profit jumps 26% to Rs 5,645 crore

Kotak Mahindra Bank reported an impressive 26% growth in its consolidated net profit for the…

16 hours ago

Upper layer NBFCs have to list: RBI guv on Tatas; dispels doubts on Sept order

RBI governor Sanjay Malhotra’s comments also suggest Tata Sons is in breach of RBI rules.…

2 days ago

Record haul: Jio IPO collects Rs 7.5 lakh crore; nearly 1.3 crore investors make bids

In the unofficial market, speculators are betting that the company will be listing at about…

2 days ago

Crude rises, rupee falls & Dalal Street trips again

Among the major Asian market indices, Kospi in Korea closed 3.5% down, Hang Seng in…

3 days ago

Videos, the new gateway reshaping online retail

Social media platforms such as Instagram and YouTube had already made access easier than ever—people…

3 days ago