New Delhi, Sept. 30 -- With exporters facing global headwinds, India is considering substantially raising the tax refund outlay to almost Rs.2 trillion over the next five years under its two main programmes-the Remission of Duties and Taxes on Exported Products (RoDTEP) and the Rebate of State and Central Taxes and Levies (RoSCTL).

The plan is to ease exporters' liquidity woes and partly cushion them from geopolitical conflicts, three people aware of the deliberations told Mint.

As part of the proposals, the commerce and industry ministry is seeking a RoDTEP corpus of more than Rs.1.3 trillion, up over 70% from the previous five years through FY26, and the textiles ministry is asking for a near 50% increase in RoSCTL to Rs.65,000 crore,...