I (Meaning and importance of Exports) Unit Structure


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14.4.2
Who are eligible? 
EPCG scheme is available both for manufacturing and 
service sectors including manufacturer exporters; merchant 
exporters tied to supporting manufacturers are eligible to import 
capital goods, also service providers such as hotels, hospitals, 
travel and tour operators etc. are eligible. 
14.4.3
 Features of EPCG Scheme 
a) The EPCG licence holder can buy capital goods from 
domestic manufactures. 
b) Whatever capital goods are imported, it is subject to actual 
user conditions. 
c) In order to know about the progress of business, the EPCG 
lincence holder has to submit a report of his export every six 
months. 
d) In order to continue to get the benefit of EPCG Scheme, the 
licence holder must fulfill the export obligations. 
e) When export obligation is fulfilled, the EPCG licence holder 
must submit a consolidated statement of exports. 
f) The EPCG licence holder will submit a certificate from his 
banker when payment is received from abroad. 


234 
g) EPCG is a facility given to the exporters to improve their 
business. 
h) In order to get registered for EPCG facility, the exporter has 
to apply to Director General of foreign Trade (DGRT) with 
application fee and relevant documents. 
14.5 MARKETING 
DEVELOPMENT 
ASSISTANCE 
 
(MDA) 
14.5.1
PURPOSE 
 
The Government of India established the MDA fund in 1963 
with a view to promote exports along with marketing of Indian 
products and commodities abroad. It is utilized for the following 
purposes. 
a) Market research, commodity research, area survey and 
research. 
b) Product promotion and commodity development. 
c) Export publicity and dissemination of information. 
d) Participation in trade fairs and exhibitions. 
e) Trade delegations and study items. 
f) Establishment of offices, branches and godowns abroad.
g) Grant-in-aid to Export Promotion councils and other 
approved organizations for the development of exports and 
the promotion of foreign trade. 
h) Any other scheme which is calculated generally to promote 
the development of markets for Indian products and 
commodities abroad. 

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