India expands RELIEF export-insurance scheme to Jordan and Egypt
Exporters with new ECGC policies can access higher RELIEF insurance cover
Change
India expanded the Rs 497 crore Resilience & Logistics Intervention for Export Facilitation (RELIEF) scheme to cover Jordan and Egypt and made exporters obtaining a fresh Export Credit Guarantee Corporation of India (ECGC) whole-turnover policy on or after March 16, 2026 eligible for support.
Why it matters
Access to RELIEF payouts now depends on holding a newly issued Export Credit Guarantee Corporation of India whole-turnover policy, so exporters and their financiers face direct claim eligibility checks for disrupted shipments. Reforms to the Directorate General of Foreign Trade (DGFT) Norms Committees shorten approval timelines for Advance Authorisation and Duty-Free Import Authorisation applications, making documentation and submission timing material for duty-free input clearances.
Implications
- — Exporters with shipments to Jordan or Egypt — must obtain a fresh Export Credit Guarantee Corporation of India (ECGC) whole-turnover policy before shipping — shipments lacking an eligible policy will not qualify for RELIEF payouts and will risk bearing uninsured logistics losses.
- — Logistics and shipping teams managing West Asia and North Africa exports — must verify insurance eligibility on current and in-transit bookings immediately — consignments without eligible cover may be denied RELIEF-assisted claims and remain uninsured.
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Source
Economic Times
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