Export Promotion Cell for MSMEs

Published on January 05, 2019
The Ministry of Micro, Small and Medium Enterprises has established an Export Promotion Cell.
Export Promotion Cell for MSMEs
  • The cell aims to create a sustainable ecosystem for Micro, Small and Medium Enterprises (MSMEs).

Exports from the MSME sector:

  • The value of MSME-related export products was USD 147,390.08 million in 2017-18.
  • The share of MSME-related products in the country's exports was 48.56 per cent during 2017-18.

Benefits of the Promotion Cell:

  • Integration of MSMEs into the global value chain.
  • Evaluation of readiness of MSMEs to export their products and services.
  • Recognition of areas where improvements are required in order to be able to export effectively and efficiently.

Presence of a Governing Council:

  • In order to ensure the efficient delivery of the export-related interventions for the MSMEs, the MSME Ministry has decided to set up a Governing Council chaired by the Secretary of the MSME Ministry and co-chaired by the Development Commissioner, MSME.
  • The Council will also comprise of senior officials and members from ministries of MSME and commerce, MSME Export Promotion Council, Export Development Authority, Commodity Boards, and other bodies.

Question:

Q. The Ministry of Micro, Small and Medium Enterprises (MSMEs) has established which cell that aims to create a sustainable ecosystem for MSMEs?
a. Rural Promotion Cell
b. Export Promotion Cell
c. Loan Promotion Cell
d. Quality Promotion Cell

About me

ramandeep singh

My name is Ramandeep Singh. I authored the Quantitative Aptitude Made Easy book. I have been providing online courses and free study material for RBI Grade B, NABARD Grade A, SEBI Grade A and Specialist Officer exams since 2013.

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