Govt approves EMP with outlay of Rs 25,060 crore

The government on Wednesday approved an Export Promotion Mission (EPM) with an outlay of Rs 25,060 crore for six financial years, beginning this fiscal year, a move which will help exporters deal with high tariffs imposed by the US.

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The mission will be implemented through two sub-schemes -- Niryat Protsahan (Rs 10,401 crore) and Niryat Disha (Rs 14,659 crore).