Government Expands RELIEF Scheme Amid West Asia Crisis
The Indian government has widened the RELIEF scheme's eligible destination list for exporters due to the West Asia crisis. Egypt and Jordan are now included, aiming to boost participation and trade resilience. Additionally, reforms to improve Norms Committees' efficiency under the DGFT have been implemented to enhance export processes.
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- India
The Indian government is broadening its support for exporters by expanding the list of destinations eligible under the RELIEF scheme, as a response to the ongoing West Asia crisis.
Launched with Rs 497-crore funding, the RELIEF scheme aims to assist exporters disrupted by the regional conflict. With the recent update, Egypt and Jordan have been included as eligible countries, marking a significant addition to the list of destinations permitted for shipping under the scheme.
In parallel efforts, the government is also introducing reforms to enhance the efficiency of Norms Committees under the Directorate General of Foreign Trade, to streamline the export process, reduce approval times, and foster greater transparency.
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