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Govt operationalises EPM consolidating fragmented schemes into single framework
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Saturday, 28 February, 2026, 08 : 00 AM [IST]
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Ashwani Maindola, New Delhi
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The Government has operationalised the Export Promotion Mission (EPM), announced in the Union Budget 2025–26. This mission has consolidated fragmented schemes into a single, outcome-based framework to bolster the competitiveness of MSMEs and labour-intensive sectors.
Further, under the -Startup India- initiative, the government is providing multi-stage funding through flagship programmes- the Fund of Funds for Startups (FFS), the Seed Fund Scheme (SISFS), and the Credit Guarantee Scheme (CGSS). Managed by SIDBI, the FFS is actively funnelling equity-linked investments into high-potential startups.
As per the Ministry of Commerce and Industry, the Department of Commerce, via APEDA, is tackling quality barriers. By recognising NABL-accredited laboratories and implementing digital traceability for products like grapes and peanuts, India is aligning with strict international safety standards. Logistics are also seeing an overhaul, with upgraded air cargo infrastructure and the development of Dedicated Freight Corridors to ensure the seamless transport of perishables.
Meanwhile, latest DGCIS data reveals a resilient agricultural sector. Marine Products remain the top earner, reaching approximately $7.4 billion in 2024-25. Basmati Rice and Buffalo Meat showed robust growth, with the latter crossing the $4 billion mark.
However, the data highlights significant shifts; Sugar exports dropped from $5.7 billion in 2022-23 to $2.1 billion in 2024-25. Wheat exports have nearly vanished due to domestic priorities, while emerging categories like Ayush and Herbal Products have surged to $689 million. With the EPM now at the helm, India aims to stabilise these volatile segments and cement its reputation for quality in the global marketplace.
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