Govt Launches Market Access Support Scheme to Boost Indian Exports

To strengthen India’s export ecosystem and help domestic firms compete globally, the government has launched a INR 4,531 crore Market Access Support (MAS) scheme for the period FY 2026–31. The scheme focuses on improving global visibility, market access, and competitiveness of Indian exporters, with a strong emphasis on MSMEs first-time exporters, and priority sectors such as agriculture, handloom, leather, and toys.

Why in the News?

The government has launched a ₹4,531 crore Market Access Support (MAS) scheme for six years (FY26-31) to help Indian exporters expand into global markets. The scheme prioritizes MSMEs and first-time exporters and supports trade fairs, buyer-seller meets, and new export destinations.

About the Market Access Support (MAS) Scheme

The Market Access Support scheme is part of India’s shift from direct export subsidies to market-linked support mechanisms.

It comes under the INR 25,060 crore Export Promotion Mission approved by the Union Cabinet in November 2025. The focus is on long-term export competitiveness rather than short-term tariff relief.

Key Features of the MAS Scheme

  • Total outlay of ₹4,531 crore for FY26-31
  • Focus on improving global reach, visibility, and competitiveness
  • Supports participation in international trade fairs and exhibitions
  • Promotes buyer-seller meets, including mega reverse buyer-seller meets in India
  • Encourages trade delegations to priority and emerging markets
  • Structured, outcome-oriented approach with advance planning

Who Will Benefit from the Scheme?

The scheme mainly targets,

  • MSMEs and first-time exporters
  • Exporters from priority sectors such as agriculture, leather, handloom, toys, and traditional industries
  • Small exporters entering new geographies and non-traditional markets
  • At least 35% MSME participation is mandatory in supported events to ensure wider outreach.

MSME Focus and Financial Support

  • Strong MSME bias to diversify both exporters and export markets
  • Partial airfare support for small exporters with export turnover up to ₹75 lakh
  • Preferential financial support for priority sectors and new markets
  • Rationalized cost-sharing ratios and event-level funding ceilings
  • This design ensures small and new exporters can participate without heavy financial burden.

Funding and Implementation Details

  • ₹500 crore allocated in the current financial year
  • Pending arrears of ₹330 crore to be cleared initially
  • A rolling 3 to 5 year calendar of major market access events will be prepared in advance
  • Helps exporters plan participation and ensures continuity in market development

Not Linked to US Tariffs

Officials clarified that the MAS scheme is not a reaction to US tariffs on Indian goods. Instead, it aims to address structural and long-term challenges faced by exporters and improve export resilience over time.

Key Data At Glance

Aspect Details
Why in News? Govt launched ₹4,531 cr MAS scheme
Scheme Period FY 2026-31
Total Outlay ₹4,531 crore
Main Beneficiaries MSMEs, first-time exporters, priority sectors
Key Support Trade fairs, buyer-seller meets, trade delegations
MSME Requirement Minimum 35% participation
Current Year Allocation ₹500 crore
Objective Improve global reach and competitiveness

Question

Q1. The Market Access Support (MAS) scheme has been launched for which period?

A. FY24–29
B. FY25–30
C. FY26–31
D. FY27–32

Shivam

As a Content Executive Writer at Adda247, I am dedicated to helping students stay ahead in their competitive exam preparation by providing clear, engaging, and insightful coverage of both major and minor current affairs. With a keen focus on trends and developments that can be crucial for exams, researches and presents daily news in a way that equips aspirants with the knowledge and confidence they need to excel. Through well-crafted content, Its my duty to ensures that learners remain informed, prepared, and ready to tackle any current affairs-related questions in their exams.

Recent Posts

National Space Day 2026: Theme, History and Chandrayaan-3 Legacy

National Space Day 2026 celebrated on 23rd August, 2026 in in honor of one of…

8 hours ago

Indian Navy Receives Mangrol, Third Anti-Submarine Warfare Shallow Water Craft

Mangrol, the third ASW-SWC, which has more than 80% indigenous content, was handed over to…

19 hours ago

NBSS&LUP Develops India’s First Soil Texture Map: Features, Uses and Significance

India has come up with its first-ever Soil Texture Map by the National Bureau of…

20 hours ago

National Teachers Awards 2026: Check List of 48 Awardees, Date, Selection Process and Key Details

President Droupadi Murmu will present the National Teachers’ Awards 2026 on 5 September 2026 (Teachers'…

21 hours ago

Centre Notifies ₹62,500 Crore Mobile Phone Manufacturing Scheme

Mobile Phone Manufacturing Scheme (MPMS) of INR 62,500 Crore has been announced by the Centre…

21 hours ago

Who Is Sophie Adenot? Career, Achievements and Historic ISS Spacewalk

Sophie Adenot is a French engineer, helicopter test pilot, military officer and European Space Agency…

21 hours ago