The support is
being provided through the government’s RELIEF (Resilience & Logistics
Intervention for Export Facilitation) initiative under the Export Promotion
Mission, with ECGC serving as the nodal and implementing agency. RELIEF was introduced in March 2026 as a
time-bound measure to protect export shipments affected by geopolitical and
maritime disruptions. Its insurance component provides enhanced risk coverage
for eligible consignments and facilitates ECGC cover for exporters undertaking
new shipments. Under the framework,
eligible exporters with existing ECGC cover can receive enhanced protection of
up to 100% of losses for specified war and political risks during the notified
period. For upcoming shipments, eligible exporters obtaining fresh ECGC cover
can receive enhanced coverage of up to 95%, with the government supporting the
additional risk cost. The government
subsequently expanded the scheme’s coverage, adding Egypt and Jordan to the
eligible destinations. It also clarified that exporters obtaining a fresh ECGC
Whole Turnover Policy from March 16, 2026 can qualify for support under the
insurance component. RELIEF also
includes assistance for eligible MSME exporters that did not have ECGC
insurance during the specified disruption period. Such exporters can receive reimbursement
of up to 50% of eligible extraordinary freight and insurance-related
surcharges, subject to prescribed conditions and a ceiling of ₹50 lakh per
exporter.
The measures are
intended to help maintain export flows through the affected region while
reducing the additional financial burden created by higher insurance and
logistics costs. The government has allocated ₹497 crore for the RELIEF
intervention.