{
  "id": 11513119,
  "title": "India extends RoDTEP export support till Dec 2026; raises insurance cover to 95% amid West Asia disruption",
  "url": "https://urgent.news/2026/10/02/india-extends-rodtep-export-support-till-dec-2026-raises-insurance",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-02T19:16:48.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/foreign-trade/india-extends-rodtep-export-support-till-dec-2026-raises-insurance-cover-to-95-amid-west-asia-disruption/articleshow/134645717.cms"
  },
  "original_language": "en",
  "account": "The Indian government has extended its Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme through December 31, 2026, and increased insurance coverage for shipments heading to certain regions, offering a risk coverage of 95%, amid ongoing geopolitical and logistical challenges. Eligible exporters under the RoDTEP Scheme include those from the domestic tariff area, advance authorisation holders, special economic zone units, and export-oriented units. The scheme reimburses embedded, unrebated central, state, and local duties, taxes, and levies on exported goods, ranging from 0.3% to 3.9%. The Commerce and Industry Ministry emphasized the government's dedication to providing a level playing field in global markets, offering exporters a fairer competition environment. The RoDTEP rates and value caps remain unchanged. In response to persistent geopolitical unrest in West Asia and its repercussions on maritime logistics, the Ministry extended Component II of the Resilience & Logistics Intervention for Export Facilitation (RELIEF) program. This extension assists exporters in securing cover from the Export Credit Guarantee Corporation for shipments to the affected areas, with a 95% risk coverage, ensuring that the premium paid by exporters for the eligible period does not surpass the pre-disruption level.",
  "summary": "The government has extended the RoDTEP scheme for exporters until December 31, 2026, while raising insurance risk coverage to 95% for eligible shipments to specified regions amid geopolitical and logistics disruptions in West Asia. Existing RoDTEP rates and value caps will remain unchanged under the extension, the commerce ministry said.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}