MAI
Budget Allocation for Export Promotion Falls 40% to Rs. 190 Crs
Under the Market Access
Initiative (MAI) Scheme, assistance is given to Export Promotion Councils,
Trade Bodies, Commodity Boards, etc. for undertaking various export
facilitation and promotion activities. The details of the activities approved
under the MAI Scheme and the funds utilised under the Scheme since FY 2019-20
till date are as under:
|
Financial
Year |
No.
of activities approved |
Fund
allocated for the Scheme (in ₹Crore) |
Fund
utilised |
|
(in
₹ Crore) |
|||
|
2019-20 |
490 |
325.00 |
325.00 |
|
2020-21 |
240 |
171.40 |
171.40 |
|
2021-22 |
424 |
140.00 |
140.00 |
|
2022-23
(as on 27.3.2023) |
522 |
190.00 |
159.91 |
The funds released under the Scheme since 2019-20 to the Carpet
Export Promotion Council (CEPC), the Export Promotion Council for
Handicrafts (EPCH), and the Handloom Export Promotion Council (HEPC), which
mainly cater to the cottage industries and handicraft units are as under:
|
MAI Assistance
released (in ₹Crores) |
|||
|
Financial Year |
CEPC |
EPCH |
HEPC |
|
2019-20 |
10.55 |
8.91 |
2.27 |
|
2020-21 |
2.38 |
5.01 |
1.75 |
|
2021-22 |
0 |
0.84 |
0.08 |
|
2022-23
(as on 27.3.2023) |
5.34 |
2.64 |
3.20 |
The Indian Trade Portal (www.indiantradeportal.in), developed and
maintained by the Federation of Indian Export Organisations (FIEO), caters to
the needs of EXIM community. The facilitation provided by the Indian
Trade Portal to the exporters includes product-wise countries
tariff/preferential tariff information applicable for Indian products, rules of
origin, market access requirements, Export-Import policy, export benefits, etc.
Further, the Trade/Tender Queries are published by the Indian Missions abroad
on the portal to enable Indian exporters to get maximum benefits out of it.
This information has been
given by the Union Minister of State for Commerce and Industry, Smt. Anupriya Patel in written reply to a question in Lok Sabha on
29 March, 2023.