Lok Sabha Question No. 1516 (UNSTARRED), answered on 2025-12-09
Subject: Tarrif on Export
Ministry: COMMERCE AND INDUSTRY
Asked by: Shri Amra Ram

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE

## LOK SABHA UNSTARRED QUESTION NO. 1516 ANSWERED ON 09/12/2025

## TARRIF ON EXPORT

## 1516.  SHRI AMRA RAM:

Will the Minister of COMMERCE AND INDUSTRY ( वाणिज्य एवं उद्योग मंत्री ) be pleased to state:

- (a) the names of the goods of which export have been affected by the imposition of 50% tariff on exports from India by the US along with the extent to which it is affected, and
- (b) the measures taken/proposed to be taken by the Government to mitigate the said effect?

## ANSWER

वाणिज्य एवं उद्योग मंत्रालय में राज्यमंत्री ( श्री णिणिन प्रसाद ) THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY

(SHRI JITIN PRASADA)

- (a) Details of India's export performance in the current fiscal for the period April to October compared to the same period last fiscal is as given below:

## (i) India's Merchandise Global Exports for the period April -October 2024/2025 (Values in USD Billion)

|        |   April-October 2024 |   April-October 2025 |
|--------|----------------------|----------------------|
| Export |               252.66 |               254.25 |

Source: DGCIS

- (ii) Sectoral performance of India's global merchandise exports may be seen at the following link:

https://tradestat.commerce.gov.in/ftspcc/export\_commodity\_wise

(b)        The Government continues to work to mitigate the impact of the US tariff measures on  Indian  exports  through  a  comprehensive  multi-pronged  strategy  encompassing intensive engagement with the US Government for a mutually beneficial India-US Bilateral Trade  Agreement,  immediate  relief  through  Trade  relief  measures  of  RBI,  Credit Guarantee  Scheme  for  Exporters,  enhancement  of  domestic  demand  through  next generation GST reforms, Export Promotion measures such as the new Export Promotion Mission which provide support and assistance to our exporters, pursuing FTAs with new countries and better utilization of existing FTA. It is expected that these measures will also enhance diversification and resilience in India's trade relationships.

Details of some of the aforementioned measures are as follows:

## 1.         Export Promotion Mission

The  Mission  will  provide  a  comprehensive,  flexible,  and  digitally  driven  framework  for export promotion, with a total outlay of Rs.25,060 crore for FY 2025-26 to FY 2030-31. EPM marks a strategic  shift  from  multiple  fragmented  schemes  to  a  single,  outcomebased, and adaptive mechanism that can respond swiftly to global trade challenges and evolving exporter needs.

The Mission will operate through two integrated sub-schemes:

(i) NIRYAT PROTSAHAN - focuses on improving access to affordable trade finance for MSMEs through  a  range  of  instruments  such  as  interest  subvention,  export  factoring, collateral  guarantees,  credit  cards  for  e-commerce  exporters,  and  credit  enhancement support for diversification into new markets.

(ii)  NIRYAT DISHA - focuses on non-financial enablers that enhance market readiness and  competitiveness,  including  export  quality  and  compliance  support,  assistance  for international branding, packaging, and participation in trade fairs, export warehousing and logistics,  inland  transport  reimbursements,  and  trade  intelligence  and  capacity-building initiatives.

The Mission is designed to directly  address  structural  challenges that  constrain  Indian exports, including:

- limited and expensive trade finance access,
- high cost of compliance with international export standards,
- inadequate export branding and fragmented market access, and
- logistical disadvantages for exporters in interior and low-export-intensity regions.

Under EPM, priority support will be extended to sectors impacted by recent global tariff escalations, such as textiles, leather, gems & jewellery, engineering goods, and marine products.  The  interventions  will  help  sustain  export  orders,  protect  jobs,  and  support diversification into new geographies.

2. Credit Guarantee Scheme for Exporters has also been approved to provide 100% credit  guarantee  coverage  by  National  Credit  Guarantee  Trustee  Company  Limited (NCGTC) to Member Lending Institutions (MLIs) for extending additional collateral free credit facilities up to Rs.20,000 crore to eligible exporters, including MSMEs. The Scheme is  expected  to  enhance  the  global  competitiveness  of  Indian  exporters  and  support diversification into new and emerging markets. Enabling collateral-free credit access will strengthen liquidity, ensure smooth business operations, and reinforce India's progress towards achieving the USD 1 trillion export target.

3. Trade Relief Measures :The Reserve Bank of India (RBI) has also initiated trade relief measures for eligible affected exporters including provision for debt repayment moratorium and extension of tenor for export credit.

4. Leveraging Free Trade Agreements :- The Government aims for promotion of Export Diversification and has signed 15 Free Trade Agreements (FTAs) and 6 Preferential Trade Agreements (PTAs) with its trading partners. Government is working with all stakeholders to enable our exporters to better utilize the benefits of India's FTAs with major markets

such as Japan, Korea, UAE etc. and effectively utilize the opportunities that have been created with the recent concluded FTAs such as with the EFTA countries and the UK. The Government is also engaged in negotiations for early conclusion of mutually beneficial FTAs with the EU, Peru, Chile, New Zealand, Oman etc.

The  Government  remains  engaged  with  all  stakeholders-including  exporters,  Export Promotion Councils (EPCs), industry associations, and state governments-to assess the evolving impact of the U.S. tariff measures. .

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