Trade Connect Platform: Connecting Exporters, MSMEs & Govt Agencies
By Rediff Money Desk, New Delhi Aug 06, 2024 16:04
India's Ministry of Commerce is developing a trade connect platform to facilitate connections between exporters, MSMEs, and government agencies, providing valuable trade information and resources.
![Trade Connect Platform: Connecting Exporters, MSMEs & Govt Agencies](https://im.rediff.com/money/2020/aug/27export.jpg)
Illustration: Uttam Ghosh/Rediff.com
New Delhi, Aug 6 (PTI) The government on Tuesday said it is developing a trade connect e-platform to connect exporters, MSMEs and entrepreneurs with various stakeholders including Indian missions abroad, export promotion councils, and other partner government agencies.
Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha that the platform will provide information on trade events taking place in different parts of the world, benefits available due to India's free trade agreements (FTAs) and other international trade-related information and data.
"The government has initiated the creation of a trade connect e-platform to connect Indian exporters, MSMEs and entrepreneurs with various stakeholders including Indian Missions Abroad, Export Promotion Councils, and other partner government agencies," he said.
Replying to a separate question, Prasada said that the major districts which are recording healthy export growth include Jamnagar, Kanchipuram, Mumbai, Pune, Surat, and Kachchh.
During the April-May of this fiscal, the highest exports were recorded from Jamnagar at USD 10 billion. It was followed by Kanchipuram (USD 3.27 billion), Mumbai (USD 2.24 billion), Pune (USD 2.14 billion), Kachchh (USD 2 billion), and Surat (USD 1.98 billion).
On a separate question whether the government has implemented an 80 per cent concession for Women Entrepreneurs and a 50 per cent concession for MSMEs in licensing fees for licences granted by the Petroleum and Explosives Safety Organisation (PESO), the minister said the proposal is under active consideration of the Department for Promotion of Industry and Internal Trade (DPIIT).
Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha that the platform will provide information on trade events taking place in different parts of the world, benefits available due to India's free trade agreements (FTAs) and other international trade-related information and data.
"The government has initiated the creation of a trade connect e-platform to connect Indian exporters, MSMEs and entrepreneurs with various stakeholders including Indian Missions Abroad, Export Promotion Councils, and other partner government agencies," he said.
Replying to a separate question, Prasada said that the major districts which are recording healthy export growth include Jamnagar, Kanchipuram, Mumbai, Pune, Surat, and Kachchh.
During the April-May of this fiscal, the highest exports were recorded from Jamnagar at USD 10 billion. It was followed by Kanchipuram (USD 3.27 billion), Mumbai (USD 2.24 billion), Pune (USD 2.14 billion), Kachchh (USD 2 billion), and Surat (USD 1.98 billion).
On a separate question whether the government has implemented an 80 per cent concession for Women Entrepreneurs and a 50 per cent concession for MSMEs in licensing fees for licences granted by the Petroleum and Explosives Safety Organisation (PESO), the minister said the proposal is under active consideration of the Department for Promotion of Industry and Internal Trade (DPIIT).
Source: PTI
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