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Market development schemes set to promote MSME sector exports

The Dollar Business Bureau The Union Minister of Micro, Small and Medium Enterprise, on Thursday, said that the government was implementing various schemes for the market development aimed at promoting exports of MSME products. Kalraj Mishra, the Minister of State, MSME, said his ministry is implementing various export promotion schemes which include International Cooperation Scheme (ICS), Marketing Development Assistance Scheme (MDAS), among others. Under the ICS, the financial assistance will be given to the enterprises, organizations, associated with MSMEs on a re-imbursement basis. Through this scheme, the ministry encourages deputation of domestic MSME business delegations to other countries for exploring new areas of MSMEs. The financial assistance under the scheme is also extended to MSMEs for participating in international exhibitions, ...