Home India Ministry of Micro, Small and Medium Enterprises Ministry of MSME implements various initiatives to support e...
Date: 2026-03-30 Category: Press Release State: Union Government Country: India

Ministry of MSME implements various initiatives to support enterprises and boost competitiveness in domestic and international markets

Issued by Ministry of Micro, Small and Medium Enterprises · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** The Ministry of MSME is implementing several initiatives, including the Export Promotion Mission (EPM), to enhance the global competitiveness of Indian enterprises. With an allocated budget of Rs. 25,060 crore for FY 2025–26 to FY 2030–31, these programs aim to support the rising trend of MSME export shares, which reached 48.55% in 2024-25. Key actions include infrastructure expansion, digital adoption assessments, and the provision of targeted financial incentives. **Key Points / Main Content** **Export Performance and Strategic Mission** * **Export Growth:** The share of MSME-related products in total Indian merchandise exports has grown steadily from 43.59% in 2022-23 to 48.55% in 2024-25. * **Export Promotion Mission (EPM):** A digitally driven framework designed as a single, outcome-based mechanism to respond to global trade challenges, operating from 2025 to 2031. * **EPM Sub-Schemes:** * **NIRYAT PROTSAHAN:** Focuses on affordable trade finance, including interest subvention, export factoring, and collateral guarantees. * **NIRYAT DISHA:** Focuses on non-financial enablers such as quality compliance, branding, logistics support, and capacity building. **Technological and Digital Support** * **Infrastructure Expansion:** The government is establishing 20 new Technology Centres (TCs) and 100 Extension Centres (ECs) to provide technological outreach to MSMEs. * **Digital Adoption:** Periodic assessments of e-commerce, digital accounting, and supply chain digitization are conducted via the Trade Enablement and Marketing (TEAM) scheme. * **Green Initiatives:** The MSE-GIFT Scheme provides a 2% interest subvention for the adoption of clean and energy-efficient technologies. **Financial and Regulatory Facilitation** * **Credit Guarantees:** Approval of 100% credit guarantee coverage for Member Lending Institutions (MLIs) to provide collateral-free credit up to Rs. 20,000 crore to exporters. * **GST Rationalisation:** Recent tax reforms have lowered the cost of raw materials and services in sectors such as automobiles, textiles, and logistics to fortify local supply chains. * **International Cooperation:** A dedicated scheme facilitates MSME participation in international exhibitions and provides reimbursement for various export-related costs. **Impact Analysis** **MSMEs and Exporters** **Impact** They benefit from lower operational costs due to GST rationalisation, better access to high-tech infrastructure through new Technology Centres, and increased financial liquidity via interest subventions and credit guarantees. **Action Required** Engage with NIRYAT DISHA for branding and quality compliance, and apply for the MSE-GIFT scheme to finance green technology upgrades. **Member Lending Institutions (MLIs)** **Impact** Lenders are protected by 100% credit guarantee coverage through the National Credit Guarantee Trustee Company Limited (NCGTC) for specific export-related credit. **Action Required** Extend additional collateral-free credit facilities up to the approved limit of Rs. 20,000 crore to eligible MSME exporters. **Government and Regulatory Bodies** **Impact** The Ministry is transitioning from fragmented schemes to a consolidated, digitally driven framework (EPM) to monitor outcomes and digital adoption more effectively. **Action Required** Implement the establishment of the planned 120 TCs and ECs and conduct independent evaluation studies on digital adoption through the TEAM scheme.

Key Entities Referenced

Export Promotion Mission (EPM): A digitally driven framework for MSME export promotion with a total outlay of Rs. 25,060 crore for FY 2025–26 to FY 2030–31. NIRYAT PROTSAHAN: A sub-scheme under EPM focusing on improving access to affordable trade finance for MSMEs through interest subvention and credit enhancement. NIRYAT DISHA: A sub-scheme under EPM focusing on non-financial enablers like market readiness, quality compliance support, and international branding. MSE-GIFT Scheme: A scheme providing concessional finance and 2% interest subvention for MSMEs to adopt green and energy-efficient technologies. Credit Guarantee Scheme for Exporters: An initiative providing 100% credit guarantee coverage for collateral-free credit facilities up to Rs. 20,000 crore to eligible exporters.
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Ministry of Micro,Small & Medium Enterprises Ministry of MSME implements various initiatives to support enterprises and boost competitiveness in domestic and international markets Export Promotion Mission (EPM) provides a comprehensive and digitally driven framework for export promotion Posted On: 30 MAR 2026 4:13PM by PIB Delhi As per the available information, the share of export of MSME specified products in total merchandise exports of India is as follows: Year % share of export of MSME related products in total merchandise exports of India 2022-23 43.59% 2023-24 45.74% 2024-25 48.55% Government has undertaken the following initiatives to support Micro, Small and Medium Enterprises (MSMEs) and boost their competitiveness in domestic and international markets: i. Technology Centres across the country, provide technological support to MSMEs across various sectors. To augment the network and increase outreach of existing MSME Technology Centres in the country, Government is implementing a scheme namely, “Establishment of New Technology Centres/ Extension Centres” for establishing 20 Technology Centres (TCs) and 100 Extension Centres (ECs). ii. Government periodically assesses the extent of digital adoption among MSMEs, covering aspects such as e-commerce platforms, digital accounting, supply chain digitization, and participation in platforms like the Government e-Marketplace (GeM) and Open Network for Digital Commerce (ONDC) through Trade Enablement and Marketing (TEAM) scheme through independent evaluation studies.iii. Government is implementing targeted schemes to promote technological upgradation and adoption of advanced, green and efficient technologies by MSMEs. Under the Micro and Small Enterprises - Green Investment and Financing for Transformation (MSE-GIFT) Scheme, concessional institutional finance is provided for adoption of clean and energy-efficient technologies, including renewable energy solutions, through 2% interest subvention. iv. Comprehensive GST rationalisation recently done by Government will strengthen MSMEs fortifying local supply chains in critical sectors like automobiles, textiles, food processing, logistics, and handicrafts. Lower GST rates have made raw materials and services more affordable, motivating small and medium enterprises and start-ups to scale up operations, invest in innovation, and compete both domestically and globally. v. Credit Guarantee Scheme for Exporters has also been approved to provide 100% credit guarantee coverage by National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending Institutions (MLIs) for extending additional collateral free credit facilities up to Rs.20,000 crore to eligible exporters, including MSMEs. The Scheme is expected to enhance the global competitiveness of Indian exporters and support diversification into new and emerging markets. vi. International Cooperation Scheme aims to build capacity of MSMEs by facilitating their participation in international exhibitions/fairs/conferences/seminar/buyer-seller meets abroad as well as reimbursement of various costs involved in exports. vii. Export Promotion Mission (EPM) seeks to provide a comprehensive, flexible, and digitally driven framework for export promotion, with a total outlay of Rs.25,060 crore for FY 2025–26 to FY 2030–31. EPM marks a strategic shift from multiple fragmented schemes to a single, outcome- based, and adaptive mechanism that can respond swiftly to global trade challenges and evolving exporter needs. The Export Promotion Mission will operate through two integrated sub-schemes: NIRYAT PROTSAHAN – focuses on improving access to affordable trade finance for MSMEs through a range of instruments such as interest subvention, export factoring, collateral guarantees, credit cards for e- commerce exporters, and credit enhancement support for diversification into new markets. NIRYAT DISHA – focuses on non-financial enablers that enhance market readiness and competitiveness, including export quality and compliance support, assistance for international branding, packaging, and participation in trade fairs, export warehousing and logistics, inland transport reimbursements, and trade intelligence and capacity-building initiatives. This information was given by the Minister of State for Micro, Small and Medium Enterprises Sushri Shobha Karandlaje in a written reply in Rajya Sabha today. **** Sunil Kumar TiwariE-Mail – hipessi[at]gmail[dot]com (Release ID: 2246895) Visitor Counter : 165 Read this release in: ही

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