95% ECGC Risk Cover to Continue for Eligible Shipments Under Component-II
New Delhi The Government of India has extended the operational timeline under Component-II of RELIEF — Resilience and Logistics Intervention for Export Facilitation to provide continued support to exporters facing logistics disruptions linked to ongoing geopolitical developments in West Asia.
The Department of Commerce, through Notification No. 37/2026-27 dated September 30, 2026, has extended the prescribed timeline under Component-II of the RELIEF initiative. RELIEF is a time-bound intervention introduced under the Export Promotion Mission (EPM).
95% ECGC Risk Cover for Eligible Shipments
Component-II of RELIEF is designed to encourage exporters to obtain ECGC cover for upcoming shipments to specified regions. Under the initiative, eligible shipments receive 95% risk coverage.
The facility is available for standalone policies or whole turnover policies obtained on or after March 16, 2026.
The types of cargo covered under the component include:
- Full Container Load (FCL)
- Less than Container Load (LCL)
- Reefer containers
However, energy shipments are excluded from the coverage.
Another key provision of Component-II is protection against a sharp increase in insurance costs. For the eligible period, the premium payable by exporters will not increase compared with the level prevailing before the disruption.
RELIEF Initiative Launched in March 2026
The RELIEF initiative was launched on March 19, 2026, as a targeted support measure for Indian exporters affected by disruptions along the Gulf and wider West Asia maritime corridor.
The initiative was introduced in response to exceptional challenges faced by exporters, including:
- Increased freight and transportation costs
- Higher insurance premiums
- War-related export risks
- Disruptions to maritime logistics
- Uncertainty affecting trade routes in the Gulf and surrounding regions
By providing additional risk protection, the initiative seeks to reduce the impact of these disruptions on exporters and help maintain the continuity of shipments.
Extension Aims to Strengthen Export Resilience
The extension of the Component-II timeline comes amid continued geopolitical and logistics-related uncertainty in the West Asia region.
The government said the extension reflects its focus on strengthening resilience in the export sector, maintaining trade flows and providing support to exporters dealing with disruptions in international logistics.
For exporters shipping eligible cargo to specified regions, the continuation of the facility provides access to higher ECGC risk coverage while helping protect against increased insurance costs during the eligible period.
Key Details of RELIEF Component-II
| Particular | Details |
|---|---|
| Initiative | RELIEF – Resilience and Logistics Intervention for Export Facilitation |
| Under | Export Promotion Mission (EPM) |
| Implementing Department | Department of Commerce |
| Component | Component-II |
| Notification | No. 37/2026-27 |
| Notification Date | September 30, 2026 |
| RELIEF Launch Date | March 19, 2026 |
| Eligible Policies | Standalone / Whole Turnover policies |
| Policy Eligibility | Policies obtained on or after March 16, 2026 |
| Risk Coverage | 95% |
| Cargo Covered | FCL, LCL and Reefer Containers |
| Exclusion | Energy shipments |
| Primary Objective | Support exporters facing West Asia-related logistics and geopolitical disruptions |
The timeline extension is intended to provide greater continuity and risk protection to eligible Indian exporters as they navigate ongoing disruptions affecting maritime trade routes in the Gulf and wider West Asia region.
