Govt’s all out support for self-reliance of MSMEs: PM

New Delhi: Prime Minister Narendra Modi on Thursday said that the latest Union Cabinet decisions will ensure global competitiveness for the Indian exporters, while bolstering sustainability and self-reliance for domestic companies, especially MSMEs.

The Union Cabinet, chaired by PM Modi, on Wednesday approved the Export Promotion Mission (EPM), with an outlay of Rs25,060 crore, to strengthen India’s export ecosystem. The flagship initiative was announced in the Union Budget 2025-26 to strengthen India’s export competitiveness, particularly for MSMEs, first-time exporters, and labour-intensive sectors.