The Indian government has launched a Rs 7,295 crore export support package aimed at improving access to trade finance for Micro, Small, and Medium Enterprises (MSMEs). The package includes a Rs 5,181 crore interest subvention scheme offering a base subsidy of 2.75% on pre- and post-shipment export credit, and a Rs 2,114 crore collateral support mechanism. These measures, part of the Export Promotion Mission, are designed to reduce credit costs and ease working capital constraints for exporters over a six-year period from 2025-2031.