Source: ET
Context:
The Government of India has announced credit assistance for MSMEs involved in e-commerce exports under the ₹25,060 crore Export Promotion Mission (EPM). The initiative aims to boost small exporters’ participation in global online markets.
The announcement was made through a trade notice issued by the Directorate General of Foreign Trade (DGFT).
Eligibility Criteria for MSMEs
MSMEs can avail the credit support if they meet the following conditions:
1. Existing Exporters via Postal or Courier Channels
- Must have at least six months of export experience through postal or courier services.
- Must maintain inventory in overseas warehouses for e-commerce fulfilment.
2. New Exporters with Domestic E-Commerce Experience
- MSMEs entering international e-commerce value chains can also qualify.
- They must have at least one year of regular domestic e-commerce operations.
Objective of the Scheme
The government aims to:
- Increase MSME participation in global e-commerce trade
- Improve access to export finance
- Integrate Indian MSMEs into international value chains
- Boost India’s digital and cross-border exports
