US tariff shield: Export promotion mission heads to Cabinet, Rs 25,000 crore support on table
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The Indian government's Export Promotion Mission, aimed at protecting exporters from global trade shocks, is nearing Union Cabinet approval after inter-ministerial consultations. Announced in the Union Budget, the scheme proposes roughly Rs 25,000 crore in support measures for exporters over six financial years (2025-2031). This initiative could buffer Indian exporters against uncertainties like the recent US tariff hike. What's Your Reaction?
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