NEW DELHI: The cabinet on Wednesday cleared the '25,000-cr Export Promotion Mission and '20,000 cr additional collateral-free credit to support exporters grappling with global trade uncertainty. Priority support is being given to sectors such as textiles, leather, gems and jewelry, engineering goods, and marine products hit by US tariffs. The mission, which was announced in the budget, is spread over six years and seeks to help exporters get better access to credit and innovative finance tools, while also aiming to address the logistics cost disadvantage. The scheme also aims to help exporters tap new markets and deal with branding and warehousing issues overseas.

It also approved high royalty for four critical minerals - graphite, caesium, rubidium and zirconium - to get more intere

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