Source: Press Information Bureau (PIB), Government of India — Ministry of Commerce & Industry · PIB Delhi · Read the original release on pib.gov.in
In view of the continued geopolitical disruptions in West Asia and its impact on maritime logistics across the Gulf and adjoining regions, the Department of Commerce has vide Notification No.37/2026-27 dated 30th September 2026 extended the timelines under Component II of RELIEF – Resilience & Logistics Intervention for Export Facilitation, a time-bound intervention under the Export Promotion Mission (EPM).
Component II of the RELIEF scheme encourages exporters to obtain ECGC cover for upcoming shipments to the specified regions, with 95% risk coverage. The component is available for Stand Alone Policies or Whole Turnover Policies obtained on or after 16 March 2026. The types of cargo covered under the benefits include Full Container Load (FCL), Less than Container Load (LCL), and Reefer containers (excluding energy shipments). Further, this component of RELIEF ensures that the premium paid by exporters shall not be increased beyond the pre-disruption level for the eligible period.
RELIEF was launched on 19 March 2026 as a targeted intervention to support Indian exporters affected by extraordinary freight escalation, heightened insurance premia and war-related export risks arising from disruptions in the Gulf and wider West Asia maritime corridor.
The above extension reflects Government of India’s commitment to ensure export resilience, sustaining trade flows and supporting exporters amid the prevailing geopolitical and logistics uncertainties.
This is an official press release issued by the Press Information Bureau (PIB), reproduced as issued.
