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Home News News and Press Release Month 3 2023 2023 (3) This

Market Access Initiative Scheme to assist EPCs, Trade Bodies, Commodity Boards

29-3-2023
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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 today.

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