The Government has extended the timelines under Component II of Resilience and Logistics Intervention for Export Facilitation (RELIEF), a time-bound intervention under the Export Promotion Mission.

 

The Ministry of Commerce and Industry said that the move comes in view of the continued geopolitical disruptions in West Asia and its impact on maritime logistics across the Gulf and adjoining regions. 

 

Component II of the RELIEF scheme encourages exporters to obtain ECGC cover for upcoming shipments to the specified regions, with 95 per cent risk coverage. 

 

RELIEF was launched as a targeted intervention to support Indian exporters affected by extraordinary freight escalation, heightened insurance premia and war-related export risks arising from disruptions in the Gulf and wider West Asia maritime corridor.

 

The Ministry said that the extension reflects the Government’s commitment to ensure export resilience, sustaining trade flows and supporting exporters amid the prevailing geopolitical and logistics uncertainties.