International Cooperation scheme being implemented to provide financial assistance for promoting exports by MSMEs

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The Ministry of Micro, Small and Medium Enterprises is implementing ‘International Cooperation Scheme’ under which, financial assistance is provided to Micro, Small and Medium Enterprises (MSMEs) to promote export from them. The scheme covers all the districts of the country. Other initiatives of Government support to MSMEs for promotion of export from them includes-

The Government has taken measures to promote exports from the districts under the District Export Hub Initiative. It includes identification of products and services with export potential in all the districts of the country including Gujarat, in consultation with all stakeholders including the States/UTs. An institutional mechanism has been set up in all States/UTs by forming the State Export Promotion Committee (SEPC) and District Export Promotion Committee (DEPC) at the District level. Under the initiative, District Export Action Plans detailing the existing bottlenecks in the supply chain and identifying possible interventions to mitigate the existing gaps are being prepared for all the districts. These outline the support required by the local exporters and manufacturers in producing/ manufacturing identified products in adequate quantity & with requisite quality and branding, for reaching potential buyers outside India.

To encourage exports from the districts under “Districts as Export Hubs”, DGFT through Regional Authorities has been engaging with States & Districts to conduct export promotion outreach events. This includes handholding sessions with exporters and export related awareness sessions.

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