+
DGFT Special Campaign Accelerates EODC Issuance
ECONOMY & POLICY

DGFT Special Campaign Accelerates EODC Issuance

The Directorate General of Foreign Trade, under the Ministry of Commerce and Industry, completed a time bound special campaign in March 2026 to expedite issuance of Export Obligation Discharge Certificates under the Advance Authorisation and Export Promotion Capital Goods schemes. The campaign ran through March and was monitored by daily review meetings chaired by senior DGFT officials. The drive aimed to enable formal closure of export obligations, facilitate release of bank guarantees and bonds, and reduce the grievance burden on exporters.

EODC approvals in March 2026 rose markedly, with increases of 242 per cent under the Advance Authorisation scheme and 234 per cent under the EPCG scheme compared with February. A total of 12,690 EODCs were approved in March, compared with 3,747 in February, representing a more than threefold increase of three point three nine times. The campaign facilitated clearance of 59 per cent of the pending pipeline under the Advance Authorisation scheme and 54 per cent under the EPCG scheme during March.

During March, 13,238 out of 13,627 available Advance Authorisation EODC cases were processed, achieving a processing rate of 97 per cent, while the EPCG scheme saw 8,281 out of 8,473 available cases processed at 98 per cent. The 12,690 approvals in a single month contrasted with 44,018 approvals during the preceding 11 months from April 2025 to February 2026, underscoring the impact of focused administrative intervention. The campaign was credited with substantially accelerating disposal and benefitting exporters across the country.

As a result, in progress cases fell from 15,360 as on March one, 2026 to 3,966 as on April one, 2026 despite the addition of 6,740 new EODC cases during March and an overall decline of 74 per cent. The Special Drive has been extended for a further period of two months from April one to May 31, 2026 with detailed guidelines issued at the end of March. The initiative is expected to further reduce backlog, enable faster closure of obligations and enhance ease of doing business.

The Directorate General of Foreign Trade, under the Ministry of Commerce and Industry, completed a time bound special campaign in March 2026 to expedite issuance of Export Obligation Discharge Certificates under the Advance Authorisation and Export Promotion Capital Goods schemes. The campaign ran through March and was monitored by daily review meetings chaired by senior DGFT officials. The drive aimed to enable formal closure of export obligations, facilitate release of bank guarantees and bonds, and reduce the grievance burden on exporters. EODC approvals in March 2026 rose markedly, with increases of 242 per cent under the Advance Authorisation scheme and 234 per cent under the EPCG scheme compared with February. A total of 12,690 EODCs were approved in March, compared with 3,747 in February, representing a more than threefold increase of three point three nine times. The campaign facilitated clearance of 59 per cent of the pending pipeline under the Advance Authorisation scheme and 54 per cent under the EPCG scheme during March. During March, 13,238 out of 13,627 available Advance Authorisation EODC cases were processed, achieving a processing rate of 97 per cent, while the EPCG scheme saw 8,281 out of 8,473 available cases processed at 98 per cent. The 12,690 approvals in a single month contrasted with 44,018 approvals during the preceding 11 months from April 2025 to February 2026, underscoring the impact of focused administrative intervention. The campaign was credited with substantially accelerating disposal and benefitting exporters across the country. As a result, in progress cases fell from 15,360 as on March one, 2026 to 3,966 as on April one, 2026 despite the addition of 6,740 new EODC cases during March and an overall decline of 74 per cent. The Special Drive has been extended for a further period of two months from April one to May 31, 2026 with detailed guidelines issued at the end of March. The initiative is expected to further reduce backlog, enable faster closure of obligations and enhance ease of doing business.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

BMW Ventures Secures Rs 249.83 Million (mn) Steel Orders

BMW Ventures Limited said it has secured two purchase orders totalling Rs 249.83 million (mn) from Lata Projects Limited for the supply of TMT steel FE-550D grade for three units of 800 megawatt (MW) capacity at the USCTPP Adani project. The orders were disclosed to the stock exchanges under Regulation 30 of the SEBI Listing Regulations and carry a contract value inclusive of all taxes.\n\nThe company stated that the orders will be executed within eight weeks from the date of the purchase orders and that the contract provides for 100 per cent advance payment with specified guarantees. The supp..

Next Story
Real Estate

Housing Sales Dip in Top Eight Cities in Q2, Pune and Bengaluru Hit Hard

Housing sales across the top eight cities fell six point one per cent year-on-year to 91,729 units in the April-June quarter from 97,674 a year earlier, PropTiger’s Real Insight Residential report showed. The moderation reflected seasonal pre-monsoon effects and heightened buyer caution amid the US-Iran conflict. New launches rose six per cent to 89,161 units. The impact was concentrated in technology-driven markets, with Pune and Bengaluru among the hardest hit. Pune recorded the steepest annual decline at 20.8 per cent, with sales falling to 12,642 units, while Ahmedabad declined 20.2 per ..

Next Story
Infrastructure Urban

India And ADB Sign US$230 Million Loan To Modernise Chennai Water

The Government of India and the Asian Development Bank (ADB) signed a US$230 million loan to modernise and expand water supply and sanitation infrastructure in Chennai. Saurabh Singh, Deputy Secretary, Department of Economic Affairs (DEA), signed on behalf of the Government of India and Mio Oka, Country Director of ADB’s India Resident Mission, signed for the lender. The engagement was guided by Baldeo Purushartha, Joint Secretary (ADB and Japan), DEA. The Chennai Climate-Resilient Water Security and Sewerage Project aims to improve access to safe and reliable water and sanitation citywide w..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code