Government Extends RELIEF Scheme Component II Amid West Asia Shipping Disruptions
New Delhi, Oct. 3 -- The Department of Commerce has extended the timelines under Component II of RELIEF (Resilience & Logistics Intervention for Export Facilitation) in view of continued geopolitical disruptions in West Asia and their impact on maritime logistics across the Gulf and adjoining regions.
The extension was notified through Notification No. 37/2026-27 dated September 30, 2026, under the Export Promotion Mission (EPM).
Up to 95 percent Risk Coverage for Eligible Shipments
Component II of RELIEF provides support to exporters obtaining ECGC cover for upcoming shipments to specified regions, with risk coverage of up to 95 percent. The component is applicable to Stand Alone Policies and Whole Turnover Policies obtained on or aft...
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