DGFT extends EPM RELIEF eligibility to new ECGC whole-turnover policies
Exporters with new ECGC whole-turnover policies can claim EPM RELIEF support
DGFT
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Change
DGFT clarified that exporters obtaining a new ECGC Whole Turnover Policy for the first time on or after 16 March 2026 are eligible for Component II support under EPM RELIEF.
Why it matters
The circular removes uncertainty for exporters that took ECGC whole-turnover cover only after the RELIEF framework began. Eligibility is not limited to exporters with pre-existing ECGC policies. Exporters and banks processing Component II support must treat qualifying new ECGC Whole Turnover Policies as eligible while applying the rest of Notification No. 65/2025-26 unchanged.
Implications
- — Exporters shipping to specified Gulf and West Asia destinations must include newly obtained ECGC Whole Turnover Policies in EPM RELIEF eligibility checks — first-time policies obtained on or after 16 March 2026 are eligible.
- — ECGC and export-credit processing teams must not reject Component II support only because the Whole Turnover Policy was newly obtained after 16 March 2026 — DGFT has clarified eligibility for such policies.
- — DGFT Regional Authorities and participating institutions must apply all other Notification No. 65/2025-26 conditions unchanged — the circular only clarifies the new-policy eligibility point.
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