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India Extends Export Support Amid West Asia Disruptions
The government is giving Indian exporters more help because shipping through West Asia has become harder and more expensive.
One programme, called RELIEF, helps exporters obtain insurance for shipments to certain regions.
It covers 95% of the risk for eligible shipments.
Full containers, partly filled containers and refrigerated containers can qualify, but energy shipments cannot.
Exporters will also not pay more insurance than they did before the disruptions during the eligible period.
Another programme, RoDTEP, has been extended until December 31.
RoDTEP refunds some taxes and duties included in exported goods.
The government says these measures will help Indian businesses keep trading and compete internationally.
The government extended timelines under Component II of the RELIEF scheme for exporters facing geopolitical and logistics risks.
RELIEF offers 95% risk coverage for eligible shipments to specified regions through ECGC insurance.
Full-container, less-than-container and refrigerated shipments qualify, while energy shipments are excluded.
The government extended RoDTEP benefits until December 31 for several categories of exporters.
Existing RoDTEP refund rates and value caps as applicable on September 30 will remain unchanged.
- Who
- The Indian government, the Ministry of Commerce and Industry, and Indian exporters.
- What
- The government extended RELIEF support and continued the RoDTEP export tax-refund scheme.
- Where
- The measures concern shipments to specified regions affected by disruptions in the Gulf and wider West Asia maritime corridor.
- When
- RELIEF applies to qualifying policies obtained on or after March 16, 2026; the intervention was launched on March 19, and RoDTEP continues until December 31.
- Why
- To help exporters manage higher freight costs, insurance expenses, war-related risks and continuing logistics uncertainty.
Key facts
- RELIEF component
- Component II, Resilience & Logistics Intervention for Export Facilitation, operates under the Export Promotion Mission.
- Risk coverage
- Eligible shipments receive 95% risk coverage through ECGC insurance.
- Eligible policies
- Stand Alone Policies and Whole Turnover Policies obtained on or after March 16, 2026.
- Eligible cargo
- Full Container Load, Less than Container Load and refrigerated containers; energy shipments are excluded.
- Premium protection
- Insurance premiums will not rise above pre-disruption levels during the eligible period.
- RoDTEP extension
- The Remission of Duties and Taxes on Exported Products scheme continues until December 31.
- RoDTEP rates
- Rates and value caps applicable on September 30 remain unchanged during the extension.
Quotes
Ministry of Commerce and Industry
The government ministry that announced the export-support extensions
“The existing RoDTEP rates and value caps as notified in Appendix 4R and Appendix 4RE as applicable on September 30 shall continue unchanged during the aforesaid period.”
thehansindia.com
Sources
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