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Which one of the following statements about ‘Niryat Bandhu Scheme’ is correct?
Explanation
The ‘Niryat Bandhu Scheme’ is a flagship initiative of the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry [1]. Its primary objective is to mentor and guide first-generation entrepreneurs and potential exporters in the intricacies of international trade [1]. The scheme focuses on providing training, educational booklets, and practical guidance to help new entrants understand initial procedures, documentation, and organizational requirements necessary for starting an export business [1]. It aligns with the Foreign Trade Policy's goal of promoting exports and enhancing India's global trade footprint by building the capacity of small and medium enterprises (MSMEs) and individual entrepreneurs [3]. Unlike other schemes mentioned in the options, such as PM-AASHA for crop protection [2] or rural development programs, Niryat Bandhu specifically targets human resource development in the export sector.
Sources
- [1] https://content.dgft.gov.in/Website/HTE.pdf
- [3] https://www.commerce.gov.in/wp-content/uploads/2020/02/MOC_637036322182074251_Annual-Report-2018-19-English.pdf
- [2] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 6: Economic Planning in India > I. Contribution in major Agricultural Sector Reforms: > p. 146