# Where does exporter interest support sit now, after the Interest Equalisation Scheme?

Canonical: https://senseible.earth/answers/interest-equalisation-scheme-what-now

As of the Government's February 2026 summary, interest support for exporters comes under the Export Promotion Mission. Its Niryat Protsahan part supports Micro, Small and Medium Enterprise (MSME) exporters on pre-shipment and post-shipment credit. The Government calls the old scheme erstwhile and says its arrears are cleared.

## What the Government says

A Press Information Bureau (PIB) release of 24 February 2026 describes interest subvention on pre-shipment and post-shipment export credit as a live part of the Export Promotion Mission, for MSME exporters. The same release says arrears under the erstwhile Interest Equalisation Scheme have been cleared.

A PIB release of 6 December 2025 says the Mission covers FY 2025-26 to FY 2030-31 (financial years) and has two parts: Niryat Protsahan for trade finance and Niryat Disha for non-financial and market-access support.

## What this means for an exporter

- The support is for MSME exporters. The Government's summary does not describe it for larger exporters.
- Your lender extends the export credit, and your lender files the claim with the implementing agency; check the current DGFT trade notice for which one.
- You file an Intent-to-Claim first. That generates a Unique Identification Number (UIN) that you give your lender.

## Does it ask about emissions?

The Government's summary lists no emissions or carbon condition for this support. The conditions it describes are exporter status, the type of credit and the claim steps.

## Check the current notice

The summary is dated February 2026, and the Directorate General of Foreign Trade (DGFT) issues trade notices that change the detail, such as who implements the support and when the UIN is due. Read the current notices, including 33/2025-26 and 03/2026-27 on UIN timing, or ask your bank before you rely on any date.

## What Senseible does here

Senseible does not file claims. It turns your fuel and power bills into a dated emissions record you can hand to a European Union (EU) buyer or a bank when either asks for one. Senseible does not lend. It connects verified records to its financing partners, the partner decides, and nothing is guaranteed.

- [Export credit and priority sector lending](https://senseible.earth/answers/does-export-credit-count-as-priority-sector)
- [Collateral-free MSME loan limit](https://senseible.earth/answers/cgtmse-collateral-free-loan-limit)
- [Carbon rules for exporters, by market](https://senseible.earth/export)

Sources: [Press Information Bureau, Export Promotion Mission: Building an Integrated Pathway for MSMEs in Global Trade, 24 February 2026](https://www.pib.gov.in/PressReleasePage.aspx?PRID=2232079&reg=3&lang=1), [Press Information Bureau, Export Promotion Mission: A Unified Framework for Strengthening India's Export Competitiveness, 6 December 2025](https://www.pib.gov.in/PressReleasePage.aspx?PRID=2199733&reg=3&lang=1)

Last reviewed 2026-11-06.
