DGFT trade notice 29/2026-27 · 01 Oct 2026
Official title
Revised composition of the Sub-Committee on Trade Finance under the Niryat Protsahan sub-scheme of the Export Promotion Mission (EPM) – reg.
Official record
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Check the official recordThe Directorate General of Foreign Trade revises the composition of the Sub-Committee on Trade Finance under the Niryat Protsahan sub-scheme. This revision applies uniformly to all trade finance interventions under the Export Promotion Mission. The new committee structure includes co-chairs from the Ministry of MSME and the Department of Commerce. It also includes members from the Department of Financial Services, the EPM Section, and various financial institutions. The committee retains the authority to co-opt additional members or invite domain experts for technical appraisals. All other provisions of previous Trade Notices for the Niryat Protsahan sub-scheme remain unchanged.
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Who is affected
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Trade Notice No. 29/2026-27
Dated: 1st October 2026
Subject: Revised composition of the Sub-Committee on Trade Finance under the Niryat Protsahan sub-scheme of the Export Promotion Mission (EPM) – reg.
The Export Promotion Mission (EPM) was launched through Trade Notices issued from time to time under the Niryat Protsahan sub-scheme. A Sub-Committee on Trade Finance has been constituted to oversee and monitor implementation of the trade finance interventions thereunder. The composition of the Sub-Committee was earlier notified vide Trade Notice No.20/2025-26 dated 02.01.2026, No.21/2025-26 dated 02.01.2026, No.25/2025-26 dated 20.02.2026, No.31/2025-26 dated 06.03.2026, and No.32/2025-26 dated 06.03.2026 for each intervention under the Niryat Protsahan sub-scheme.
The composition of the Sub-Committee on Trade Finance has been revised. The revised composition, applicable uniformly across all Niryat Protsahan Trade Finance interventions, is enclosed as Annexure-I to this Trade Notice.
All other provisions of the Trade Notices issued under the Niryat Protsahan sub-scheme of the EPM shall remain unchanged.
This Trade Notice is issued with the approval of the Competent Authority.
Ramesh Kumar Verma
Digitally signed by Ramesh Kumar Verma
Date: 2026.10.01 18:19:29 +05'30'
(Ramesh Kumar Verma)
Joint Director General of Foreign Trade
(Issued from F. No. 01/02/49/AM-26/EPM)
Annexure-I
Composition of Sub-Committee on Trade Finance under the Niryat Protsahan Sub-scheme (Applicable to all Trade Finance Interventions under Export Promotion Mission – Niryat Protsahan)
| Sl. No. | Officer / Representative | Position |
|---|---|---|
| 1. | Development Commissioner, Ministry of MSME | Co-Chair |
| 2. | Additional Secretary (Trade Finance), Department of Commerce | Co-Chair |
| 3. | Joint Secretary or Equivalent (Trade Finance Division), Department of Commerce | Member |
| 4. | Joint Secretary or Equivalent (Industrial Finance), Department of Financial Services (DFS), Ministry of Finance | Member |
| 5. | Joint Secretary or Equivalent, EPM Section, DGFT | Member |
| 6. | Joint DGFT, EPM Section, DGFT | Convenor |
| 7. | Representative of IFD, Department of Commerce | Member |
| 8. | Representative of Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) | Member |
| 9. | Representatives of EXIM Bank | Member |
| 10. | Representative from National Credit Guarantee Trustee Company (NCGTC) | Member |
| 11. | Representative of Export Credit Guarantee Corporation of India (ECGC) | Invitee |
| 12. | Representative of Indian Banks' Association (IBA) | Invitee |
| 13. | Representative of International Financial Services Centres Authority (IFSCA) | Invitee |
| 14. | Representatives of Factoring NBFCs | Invitee |
The Sub-Committee may co-opt members or invite any other participants as and when required. Domain experts or industry representatives with demonstrated experience in trade finance may be associated for any technical appraisal or otherwise.
