The Department of Commerce announced on 26 October 2026 that it has extended the timelines for Component II of the RELIEF (Resilience & Logistics Intervention for Export Facilitation) initiative until 31 March 2027. This program provides 95% risk coverage to exporters who obtain Export Credit Guarantee Corporation of India (ECGC) cover for shipments to specified regions. The extension is intended to support exporters facing geopolitical disruptions and maritime logistics issues in West Asia. Eligible exporters must submit claims and documents through the ECGC customer portal.
Key points
- Extended until 31 March 2027: Component II of the RELIEF initiative
- Benefit: 95% risk coverage for ECGC cover on shipments to specified regions
- Eligibility: Policies obtained on or after 16 March 2026
- Coverage: Includes FCL, LCL, and reefer containers (excludes energy shipments)
- Application: Claims must be submitted via www.ecgcltd.in
When it applies
- timelines under Component II of RELIEF
- eligibility for Standalone and Whole Turnover Policies
- launch of RELIEF
Who it affects
- exporters
Refers to
- Notification No. 37/2026-27