235
Indian Institutes of packaging, Indian
Council of Arbitration and
Indian Diamond Institutes, recognized exporters such as Trading
Houses, Star Trading Houses and Export Houses.
The budget
provision for MDA for all organizations are approved by the MDA
committee
b) Disbursing Authorities
–
i.
Ministry of commerce for opening of foreign offices,
warehouses, after sales service centers and R & D facilities.
ii.
FIFO to promote participation
in exhibitions and fairs
abroad, advertising in foreign media and road shows
abroad.
14.6 MARKET ACCESS INITIATIVE (MAI)
The Government of India has initiated a scheme called
„Market Access Initiative (MAI)‟ to promote India‟s
exports on a
sustained basis. This scheme is based on „focus product and focus
market‟ concept.
14.6.1
The Focus product scheme
It provides incentives to exporters of products which have
high employment potential in rural and Semi-urban areas. The
incentives include duty free credit of 2% of the FOB value of export
turnover of notified products such as value added fish and leather
products,
stationary items, fireworks, sports goods, handloom and
handicraft items.
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