Exporters get six more months of risk cover amid West Asia turmoil

Exporters in India have received a six-month extension on the RELIEF initiative, a scheme that provides risk coverage to those facing higher shipping and insurance costs due to turmoil in West Asia. This extension, which will now run until March 31, 2027, aims to help exporters mitigate the financial impact of rising insurance premiums. The scheme offers eligible exporters 95 percent coverage, giving them greater protection against these increased costs. This move is likely to provide some relief to exporters and support India's trade and economy.

Why it matters

The Centre is providing relief to exporters amid West Asia turmoil. This scheme will help exporters facing higher shipping costs and risks.

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

Explore the intelligence

MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.