WTC Jaipur organizes session on Export Policy
15th September 2017 ; Jaipur, Rajasthan, India
WTC Jaipur in association with Jt. DGFT Udyog Bhawan, Jaipur and Mewar Chambers of Commerce Bhilwara hosted a session on Foreign Trade Policy 2015-20 at MCCI’s LNJ conference hall.
Mr. Virendra Sing , Joint DGFT , Udyog Bhawan Jaipur , Said” the existing policy on Foreign trade makes wide provision to ensure sustainable employment generation and incremental exports. To ensure successful implementation of Make in India, inaugurated by Prime Minister Mr Narendra Modi, an initiative launched by Government of India to encourage national as well as multinational companies to manufacture their products in India, two major schemes , Merchandise Exporters From India Scheme and Services Export From India Scheme have been brought into force. Under the schemes, duty credit scrips are issued against exports which can utilized to make permissible imports and the scrips allow further transferability as well.”
Mr. Singh added further, “under merchandise export from India to different countries are put in three categories and export promotion incentive have been kept at 2 to 5 percent. Similarly services export promotion incentive is kept at 3 to 5 percent. He said 100 percent export oriented units are further assisted by fast track clearance, warehousing at ports and other basic facilities. As an initiative to boost exports from medium and small industries, 108 MSME clusters are now covered under Niryat Bandhu scheme. He further urged manufacturers from textiles to enter into new areas as technical textiles and readymade garments.
Earlier, welcoming all the participants, Mr. Dinesh Nolkha, President, Mewar Chambers of Commerce said Bhilwara has been able to command a brand equity for itself by exporting more than Rs 9000 crores worth of cotton thread , PV Yarn, PV blended fabric, zinc, lead concentrate, sand stone, insulated bricks. In addition , the city has excelled in exports of knitted fabrics, aluminum and spices as well.
Vote of thanks was proposed by Mr. Navneet Agarwal, Asst. Director-Trade Promotion, World Trade Centre Jaipur.
(in the pic) left to right: Mr. Rahul Dev Singh, GM-DIC, Bhilwara, Mr Satish Raina, coordinator, Jt. DGFT office ,Mr. Virendra Singh , Jt. DGFT , Mr. Dinesh Nolkha, President , Mewar Chambers of Commerce, Mr. Navneet Agarwal, Asst. Director-Trade Promotion, World Trade Centre Jaipur.