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MoneyWireGovt extends shipments eligibility timeline under RELIEF scheme till Mar 31

Govt extends shipments eligibility timeline under RELIEF scheme till Mar 31

This story was originally published at 17:45 IST on 3 October 2026
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Informist, Saturday, Oct. 3, 2026

 

NEW DELHI – The government has extended the eligibility and validity under the Resilience and Logistics Intervention for Export Facilitation, or RELIEF, scheme by six months till Mar. 31, amid challenges due to the ongoing war in West Asia, according to a gazette notification. The eligibility timeline has been extended for shipments meant for delivery or transshipment under the scheme in order to enhance utilisation and to facilitate trade resilience, the Directorate General of Foreign Trade said.

 

"The eligibility timelines under Component II of the EPM RELIEF intervention are extended up to 31st March 2027 to support Indian exporters and mitigate logistics challenges arising out of the continuing West Asia Crisis," the ministry said in the notification.

 

Component II of the scheme helps "exporters to obtain ECGC (export credit agency) cover for upcoming shipments to the specified regions, with 95% risk coverage," the ministry said in a press release. The component is available for standalone policies or whole turnover policies obtained on or after Mar. 16. The types of cargo covered under the benefits include full container load, less than container load, and reefer containers, excluding energy shipments.

 

The RELIEF scheme, launched on Mar. 19, aimed to support Indian exporters affected by extraordinary freight escalation, heightened insurance premia, and war-related export risks arising from disruptions in the Strait of Hormuz due to the war. With the extension of the scheme, the government is committed to ensure export resilience, sustaining trade flows and supporting exporters amid the prevailing geopolitical and logistics uncertainties, the ministry added.  End

 

Reported by Shweta

Edited by Deepshikha Bhardwaj

 

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