๐ข DGFT Announcements for MSMEs โ Key Export-Focused Support Measures ๐ฎ๐ณ
Published
The Directorate General of Foreign Trade (DGFT) has rolled out multiple initiatives aimed at strengthening MSME exports, improving access to finance, easing compliance burdens, and enhancing global competitiveness.
๐น 1. Interest Subvention on Export Credit
- 2.75% interest subvention on pre-shipment and post-shipment export credit
- Coverage extended to export factoring (recourse & non-recourse)
- Designed to improve liquidity and working capital access for MSME exporters
๐น 2. TRACE Scheme โ Compliance & Quality Enablement
- Support for testing, certification, inspection, audits and accreditation
- Partial reimbursement of costs incurred to meet international quality standards
- Helps MSMEs overcome non-tariff barriers in global markets
๐น 3. Export Promotion Mission (EPM) Interventions
- Logistics & freight support to reduce export cost disadvantages
- Assistance for overseas warehousing and supply-chain enablement
- Enhanced trade intelligence and facilitation for informed export decisions
โธป
๐ Why this matters for MSMEs: โ Reduced cost of export finance โ Better compliance readiness for global buyers โ Improved competitiveness and market access
๐ก MSMEs holding a valid IEC and Udyam Registration should actively evaluate eligibility and timely utilisation of these DGFT benefits to strengthen their export operations.