Government Extends Deadlines Under RELIEF Scheme for Exporters Hit by West Asia Disruptions
The Department of Commerce has extended the timelines under Component II of the RELIEF scheme.
Quick Summary
The Department of Commerce has extended the timelines under Component II of the RELIEF scheme. This step follows ongoing geopolitical disruptions in West Asia that are hurting shipping and logistics in the Gulf region. The move aims to help Indian exporters keep their trade flowing.
What Happened
The Department of Commerce issued Notification No. 37/2026-27 on 30 September 2026. This notification extends the timelines under Component II of the RELIEF scheme. RELIEF stands for Resilience & Logistics Intervention for Export Facilitation. It is a time-bound step under the Export Promotion Mission. The scheme was launched on 19 March 2026.
What Changes
Component II asks exporters to take ECGC cover for upcoming shipments to certain regions. This cover gives you 95% risk protection. You can get it through Stand Alone Policies or Whole Turnover Policies. The policy must be taken on or after 16 March 2026. The benefit covers Full Container Load, Less than Container Load and Reefer containers. Energy shipments are left out. Your premium will also not go above the pre-disruption level for the eligible period.
What You Need to Do
Check the notification for the new last dates. If you export to the Gulf or nearby West Asia, review your ECGC policy. Talk to your insurer or ECGC about your cover. Keep your shipping and policy records ready.
Deadline
The notification is dated 30 September 2026. The exact new deadlines are not specified in the official source.
Important Dates
- 16 March 2026ECGC policies taken on or after this date can get the benefit.
- 19 March 2026RELIEF scheme was launched.
- 30 September 2026date of Notification No. 37/2026-27 that extends the timelines.
FAQs
What is the RELIEF scheme?
Which scheme part has been extended?
How much risk cover do I get?
Which goods and containers are covered?
Will my insurance premium rise?
Why did the government extend the timelines?
Official Sources
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Disclaimer
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