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India races to shield exporters as US tariffs bite: Major scheme guidelines set to be released soon

India is set to issue clearer rules for its key export schemes next week. The Rs 25,060 crore Export Promotion Mission aims to strengthen outbound shipments, with detailed guidelines for the Interest Equalisation Scheme and the Market Access Initiative expected shortly. The move is designed to support Indian exporters as they navigate growing challenges, particularly those arising from the recent tariff increases imposed by the United States.