Commerce Minister Piyush Goyal ने Export Promotion Mission की समीक्षा की ताकि $2 Trillion निर्यात लक्ष्य 2030‑31 तक हासिल हो सके

<h3>Overview</h3> <p>The <strong>Union Minister of Commerce and Industry, Shri Piyush Goyal</strong> chaired a high‑level review meeting to assess the <span class="key-term" data-definition="USD 2 Trillion export target – India’s goal to achieve $2 trillion in combined merchandise and services exports by FY 2030‑31 (GS3: Economy)">USD 2 Trillion export target</span> and the implementation of the <span class="key-term" data-definition="Export Promotion Mission (EPM) – A flagship scheme focused on MSMEs to remove export bottlenecks and drive inclusive export growth (GS3: Economy)">Export Promotion Mission (EPM)</span>. The meeting, held in 2026, aimed at sharpening focus on MSMEs, agricultural exports, warehousing, certification and the broader <span class="key-term" data-definition="Brand India – A coordinated effort to promote Indian products globally under a unified brand image (GS3: Economy)">Brand India</span> narrative.</p> <h3>Key Developments</h3> <ul> <li>Three‑pillar approach for the export target: actionable points with timelines, sector‑wise nodal officers, and an IT‑enabled monitoring platform.</li> <li>Identification of priority sectors for import‑substitution alongside export promotion.</li> <li>Operationalisation of ten EPM components, including <span class="key-term" data-definition="Niryat Protsahan – Sub‑scheme under EPM that provides trade‑finance support such as interest subvention and export factoring (GS3: Economy)">Niryat Protsahan</span> and <span class="key-term" data-definition="Niryat Disha – Sub‑scheme under EPM that facilitates market access through buyer‑seller meets and trade fairs (GS3: Economy)">Niryat Disha</span>.</li> <li>Launch of a Relief Scheme for exporters affected by the West Asia crisis.</li> <li>Directive to strengthen outreach via Export Promotion Councils, Commodity Boards and DGFT regional offices.</li> <li>Emphasis on overseas warehousing, logistics, testing, inspection and certification to boost MSME competitiveness.</li> <li>Call for a rolling three‑year calendar of trade fairs, buyer‑seller meets and delegations.</li> </ul> <h3>Important Facts</h3> <p>The target of <strong>$1 trillion in merchandise exports and $1 trillion in services exports</strong> by FY 2030‑31 is broken down through an <span class="key-term" data-definition="Export Monitoring Framework – Structured framework by the Department of Commerce that translates the national export target into sector‑wise actions with KPIs and timelines (GS3: Economy)">Export Monitoring Framework</span>. Each sectoral action is assigned to a Joint Secretary (supply‑side or demand‑side) and linked to key performance indicators. Inter‑departmental coordination is mandated, with an automated escalation mechanism to the Secretary and Minister levels.</p> <p>The EPM’s ten components cover: <ul> <li>Interest subvention and export factoring.</li> <li>Credit assistance for e‑commerce exporters.</li> <li>Collateral support for export credit.</li> <li>Risk sh