·
Trade Notice Issued: DGFT issued Trade Notice No. 29/2026-27 dated 1
October 2026 revising the composition of the Sub-Committee on Trade Finance
under the Niryat Protsahan
sub-scheme of the Export Promotion Mission (EPM).
·
Purpose of the Sub-Committee: The Committee has been
constituted to oversee and
monitor implementation of trade finance interventions under the
Niryat Protsahan scheme.
·
Uniform Structure: The revised composition will apply uniformly across all trade finance
interventions under the Niryat Protsahan sub-scheme.
·
Earlier Notifications Superseded: The revised structure
replaces earlier compositions notified through Trade Notices issued during
2025-26 and 2026.
·
Co-Chairs of the Committee:
o Development
Commissioner, Ministry of MSME
o Additional Secretary
(Trade Finance), Department of Commerce
·
Key Government Members Include:
o Department of Commerce
o Department of Financial
Services (Ministry of Finance)
o DGFT (EPM Section)
o Integrated Finance
Division (IFD), Department of Commerce
·
Financial Institutions Included as Members:
o CGTMSE
o EXIM Bank
o National Credit
Guarantee Trustee Company (NCGTC)
·
Invitees to the Committee:
o Export Credit Guarantee
Corporation (ECGC)
o Indian Banks
Association (IBA)
o International Financial
Services Centres Authority (IFSCA)
o Factoring NBFCs
·
Provision for Expert Participation: The Committee may
co-opt additional members and invite domain experts or industry representatives
for technical appraisal and specialized inputs.
·
No Other Changes: All other provisions of Trade Notices
issued under the Niryat Protsahan
sub-scheme remain unchanged.
The
revised composition broadens participation of government departments, financial
institutions, guarantee agencies, banks, IFSC institutions and NBFCs, creating
a more coordinated mechanism for implementation and monitoring of export trade
finance initiatives under the Export Promotion Mission.
[DGFT Trade Notice No.
29/2026-27 dated 1st October 2026]
Subject:
Revised composition of the Sub-Committee on Trade Finance under the Niryat
Protsahan sub-scheme of the Export Promotion Mission (EPM).
The Export Promotion Mission (EPM) was
launched through Trade Notices issued from time to time under the Niryat
Protsahan sub-scheme. A Sub- Committee on Trade Finance has been constituted to
oversee and monitor implementation of the trade finance interventions
thereunder. The composition of the Sub-Committee was earlier notified
vide Trade Notice No.20/2025-26 dated 02.01.2026, No.21/2025-26 dated
02.01.2026, No.25/2025-26 dated 20.02.2026, No.31/2025-26 dated 06.03.2026, and
No.32/2025-26 dated 06.03.2026 for each intervention under the Niryat Protsahan
sub-scheme.
The composition of the Sub-Committee on
Trade Finance has been revised. The revised composition, applicable uniformly
across all Niryat Protsahan Trade Finance interventions, is enclosed as
Annexure-I to this Trade Notice.
All other provisions of the Trade
Notices issued under the Niryat Protsahan sub- scheme of the EPM shall remain
unchanged.
This Trade Notice is issued with the
approval of the Competent Authority.
(Issued from F. No. 01/02/49/AM-26/EPM)
Annexure-I
Composition
of Sub-Committee on Trade Finance under the Niryat Protsahan Sub-scheme (Applicable to all Trade Finance Interventions under Export Promotion
Mission Niryat Protsahan)
|
Sl.No. |
Officer / Representative |
Position |
|
1. |
Development
Commissioner, Ministry of MSME |
Co-Chair |
|
2. |
Additional
Secretary (Trade Finance), Department of Commerce |
Co-Chair |
|
3. |
Joint
Secretary or Equivalent (Trade Finance Division), Department of Commerce |
Member |
|
4. |
Joint
Secretary or Equivalent (Industrial Finance), Department of Financial
Services (DFS), Ministry of Finance |
Member |
|
5. |
Joint
Secretary or Equivalent, EPM Section, DGFT |
Member |
|
6. |
Joint DGFT,
EPM Section, DGFT |
Convenor |
|
7. |
Representative
of IFD, Department of Commerce |
Member |
|
8. |
Representative
of Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) |
Member |
|
9. |
Representatives
of EXIM Bank |
Member |
|
10. |
Representative
from National Credit Guarantee Trustee Company (NCGTC) |
Member |
|
11. |
Representative
of Export Credit Guarantee Corporation of India (ECGC) |
Invitee |
|
12. |
Representative
of Indian Banks' Association (IBA) |
Invitee |
|
13. |
Representative
of International Financial Services Centres Authority (IFSCA) |
Invitee |
|
14. |
Representatives
of Factoring NBFCs |
Invitee |
The Sub-Committee may co-opt members or
invite any other participants as and when required. Domain experts or industry
representatives with demonstrated experience in trade finance may be
associated for any technical appraisal or otherwise.