DGFT Moves to Push Fund Utilisation of Export
Promotion Scheme
Summary: The
DGFT, vide Trade Notice No. 33/2026-27 dated 30 October 2026, has constituted a
Sub-Committee under the Export Promotion Mission (EPM) to review the
implementation of all three components of the RELIEF scheme. The Committee will
monitor claims processed and funds remaining, examine reasons for low uptake
and underutilisation of approved funds, and recommend measures to improve
exporters' participation and effective utilisation of funds. Its
recommendations will be placed before the EPM Steering Committee for
consideration.
[DGFT Trade Notice No.
33/2026-27 dated 30 October 2026]
Subject: Constitution of Sub-Committee for
Resilience & Logistics Intervention for Export Facilitation (RELIEF) under Export
Promotion Mission.
In
continuation of Notification No. 65/2025-26 dated 19th March 2026, whereby the time-limited
Support for Indian Exporters, Resilience & Logistics Intervention for
Export Facilitation (RELIEF) was notified under the EXPORT PROMOTION MISSION, a
Sub- Committee for RELIEF is hereby constituted with immediate effect, to
facilitate better utilisation of funds and improved
uptake of the intervention.
2. Composition of the Sub-Committee
a.
The Sub-Committee for RELIEF (hereafter referred to as the ‘Sub-Committee’) shall
be constituted for better utilisation of funds and
improved uptake of the intervention. The composition of the Sub-Committee shall
be as follows:
|
S.N. |
Officer Concerned |
Position |
|
1. |
Additional
Director General of Foreign Trade, Logistics Division ,
DGFT |
Co-Chair |
|
2. |
Additional
Director General of Foreign Trade EPM Division, DGFT |
Co-Chair |
|
3. |
Director,
Trade Finance Division, Department of Commerce |
Member |
|
4. |
Functional
Director, Export Credit Guarantee Corporation of India (ECGC) |
Member |
|
5 |
Representative
of the Department of Financial Services (DFS), Ministry of Finance |
Member |
|
6. |
Joint
DGFT, EPM Section, DGFT |
Convenor |
b.
The Sub-Committee may co-opt members or invite any other stakeholders as and
when required.
3. Functions of the Sub-Committee
The
Sub-Committee shall:
i. review the progress of implementation
of the three components of RELIEF, including the claims processed and the
balance funds available as reported by ECGC;
ii.
examine the factors affecting the uptake of the intervention and the utilization
of the approved funds; and
iii.
recommend measures for better utilisation of funds
and uptake of the intervention.
The
recommendations of the Sub-Committee shall be placed before the EPM Steering Committee,
which may take decisions on the review of RELIEF in terms of paragraph 10 of
the Annexure to Notification No. 65/2025-26.
4.
The Export Promotion Mission (EPM) Section of the Directorate General of
Foreign Trade shall be the secretariat of the Sub-Committee.
This
Trade Notice is issued with the approval of the Competent Authority.
(Issued
from F.No. 01/02/02/AM-27/EPM)