The Government is providing financial support under Market Development Assistance (MDA) and Market Access Initiative (MAI) Schemes for participation in Buyer/Seller Meets, Trade Fairs and Exhibitions through Export Promotion Councils, for providing greater exposure to global markets.
This information was given by the Minister of State for Textiles, Shri E.V.K.S. Elangovan, in the Lok Sabha, in a written reply to a question by Shri Abu Ayes Mondal. However, it is not possible to quantify the generation of foreign exchange through such exhibitions/fairs.
The details of activities undertaken by the Councils have been included in the Annual Reports of the Councils, which have been laid in both the Houses of Parliament.
The Minister further informed that the participants in the Exhibitions/ Fairs, are eligible to receive financial assistance from the Marketing Development Assistance funds provided by the Government to meet part of their expenses.
Press Information Bureau Government of India
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