The Economic Times

Commerce ministry sets up committee for better utilisation of RELIEF initiative for exporters

The commerce ministry has established a six-member committee to enhance the RELIEF initiative for exporters. This initiative aims to mitigate challenges posed by rising freight costs and insurance premiums. The committee includes officials from various government departments working to improve fund utilization. It will assess the implementation of the initiative and recommend measures for better uptake. The overall goal is to support exporters during trade disruptions in crucial regions.