Focus market scheme benefit for non EDI ports and MDA assistance limit enhanced.
Vide Notification No. 6/2007 dated 23.5.2007, DGFT had made the benefits of Focus Market Scheme and Focus Product Scheme available to exports from Non-EDI ports also, but it was not clear as to from when it would be effective. Now it would be effective from 1.4.2006
Marketing Development Assistance (MDA)Scheme is intended to provide financial assistance for a range of export promotion activities implemented by EPCs, ITAs on a regular basis every year. The scheme is administered by DoC.
Assistance includes, amongst others, participation in
(i) Trade Fairs and Buyer Seller meets abroad or in India, and
(ii) Export promotion seminars.
Financial assistance with travel grant is available to exporters traveling to Latin America, Africa, CIS region, ASEAN countries, Australia and New Zealand. In other areas,financial assistance without travel grant is available.
MDA assistance is available for exporters with annual export turnover upto Rs 10 Crores
Now this is made Rs. 15 Crores.
NOTIFICATION NO. ., Dated: August 13, 2007