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Comm min sets up committee for better utilisation of RELIEF initiative

SENSEX 74,459.53 + 308.49 NIFTY 23,053.10 + 116.35 CRUDEOIL 9,915.00 + 206.00 GOLD 138,475.00 -4,121.00 SILVER 178,944.00 -10,509.00 SENSEX 74,459.53 + 308.49 NIFTY 23,053.10 + 116.35 NIFTY 23,053.10 + 116.35 CRUDEOIL 9…

Comm min sets up committee for better utilisation of RELIEF initiative
SENSEX 74,459.53

+ 308.49

NIFTY 23,053.10

+ 116.35

CRUDEOIL 9,915.00

+ 206.00

GOLD 138,475.00

 -4,121.00

SILVER 178,944.00

 -10,509.00

SENSEX 74,459.53

+ 308.49

NIFTY 23,053.10

+ 116.35

NIFTY 23,053.10

+ 116.35

CRUDEOIL 9,915.00

+ 206.00

CRUDEOIL 9,915.00

+ 206.00

GOLD 138,475.00

 -4,121.00

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RELIEF is an initiative of the government launched under the ₹25,060-crore Export Promotion Mission (EPM)

By PTI

Updated - October 31, 2026 at 03:32 PM. | New Delhi

The commerce ministry has set up a six-member committee for better utilisation of funds and improved uptake of the RELIEF initiative for exporters.

RELIEF (Resilience and Logistics Intervention for Export Facilitation) is an initiative of the government launched under the ₹25,060-crore Export Promotion Mission (EPM).

It is aimed at protecting exporters from soaring freight costs, increased insurance premiums, and maritime trade disruptions in the Gulf and West Asian corridors.

In a trade notice, the Directorate General of Foreign Trade (DGFT) has said a sub-committee for RELIEF shall be constituted for better utilisation of funds and improved uptake of the intervention.

Three officials from the DGFT, and one each from the departments of commerce, financial services and Export Credit Guarantee Corporation of India (ECGC), are members of the committee.

The sub-committee, it said, will review the progress of implementation of the three components of RELIEF, including the claims processed and the balance funds available as reported by ECGC; examine the factors affecting the uptake of the intervention and the utilisation of the approved funds; and recommend measures for better utilisation of funds and uptake of the intervention.

Published on October 31, 2026

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Source: The Hindu BusinessLine — Economy ↗

Figures reflect the source report and its stated period. This article is for information and is not investment advice.