Business Bureau :
Jay Karan Singh, Development Commissioner MIHAN SEZ and Additional DGFT, Nagpur, on Tuesday appealed to the entrepreneurs to take advantage of the Niryat Bandhu Scheme. He was addressing the Export Awareness Seminar and Mid Term Review of Foreign Trade Policy 2015-2020 under Niryat Bandhu Scheme being jointly organised by The Additional Director General of Foreign Trade, Nagpur, Government of India, Ministry of Commerce and Industry in association with EXIM Forum of Vidarbha Industries Association (VIA) at VIA Auditorium in Civil Lines.
The scheme facilitates the entrepreneurs, who wish to enter into exports. Singh highlighted the major components of the schemes, which are preparation, development and use of New IEC by the holder; Monitoring New and Potential exporter through counseling and training. Dr D C Dabhole, Depty DGFT, Nagpur in his presentation informed the participants about the introduction and operation of the Foreign Trade Policy, incentives and benefits available to exporters under present FTP. He further highlighted various provision of Foreign Trade Policy 2015-20 and the Indian Trade Portal, export opportunities, export market strategies, export-import data bank, trade enquiry, EXIM Policy– ITCHS like Free items which do not require any Licence / Authorisation / Permission from the DGFT have been denoted as ‘Free’. 96 per cent items are free items. Restricted items are permitted under an Import Licence / Authorisation / Permission granted by the DGFT.
STE items allowed only through specified State Trading Enterprises (STEs) subject to specific conditions laid out in the FTP. Earlier, Suresh Rathi, President – VIA, felicitated and welcomed Jay Karan Singh while VIA Vice President - Aditya Saraf welcomed Dr Dabhole with floral bouquets. Pratik Tapadia, Chairman – VIA EXIM Forum, in his welcome address spoke about activities of the forum and opportunities available for exporters and exporters / importers. Gaurav Sarda, Secretary - VIA, conducted the proceedings and also proposed the formal vote of thanks. Large number of member of the association, exporters / importers, prospective exporters were present on the occasion.