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Govt fund boosts export of small scale industries

27
Jan '07
In 2001, Government had introduced 'Small Enterprises' International Market Development Funds' for small scale units to take advantage of international market, increase competitiveness and boost proceeds.

After implementation of this fund, Government has aided about 100,000 projects of 76,000 units. This financial assistance has facilitated export value to reach US $34.73 billion.

The fund is utilized for overseas exhibitions, foreign certification, international market promotion and other activities.

It was one of the first policies by the Government to promote exports of small scale industries.

Fibre2fashion.com News Desk-China


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