Market Access Initiative (MAI)

  • IASbaba
  • February 15, 2023
  • 0
Economics

Context: Apparel Export Promotion Council (AEPC) inaugurated the first edition of up next India 2023 in presence of international buyers and exhibitors.

  • This initiative is in the form of a series of Reverse Buyer Seller meet under the name of “UPNEXT INDIA”.
    • Reverse Buyer Seller Meet is to provide an opportunity for prospective importers (Buyers) to interact with their Indian counterparts (sellers) about the requirements, instead of sellers going to buyers to sell their products.
  • Up next India is organised by AEPC and supported by the Ministry of Commerce and Industry under the Market Access Initiative (MAI) Scheme.

Market Access Initiative (MAI):

  • It is an Export Promotion Scheme. The scheme aims to act as a catalyst to promote India’s exports on a sustained basis.
  • The scheme is formulated on the basis of the product and country focus approach. It will evolve specific markets and specific products through market studies/surveys.

Apparel Export Promotion Council (AEPC):

  • Incorporated in 1978, AEPC is the official body of apparel exporters in India
  • It provides invaluable assistance to Indian exporters as well as importers/international buyers who choose India as their preferred sourcing destination for garments.

Source – PIB

Previous Year Questions

Q.1) Which of the following is/are the aim/aims of “Digital India” Plan of the Government of India ? (2018)

  1. Formation of India’s own Internet companies like China did.
  2. Establish a policy framework to encourage overseas multinational corporations that collect Big Data to build their large data centres within our national geographical boundaries.
  3. Connect many of our villages to the Internet and bring Wi-Fi to many of our schools, public places and major tourist centres.

Select the correct answer using the code given below :

  1. 1 and 2 only
  2. 3 only
  3. 2 and 3 only
  4. 1, 2 and 3

Q.2) With reference to organic farming in India, consider the following statements:

  1. ‘The National ‘Programme for Organic Production’ (NPOP) is operated under the guidelines and ‘directions of the Union Ministry of Rural Development.
  2. ‘The Agricultural and Processed Food Product Export Development Authority ‘(APEDA) functions as the Secretariat for the implementation of NPOP.
  3. Sikkim has become India’s first fully organic State.

Which of the statements given above is/are correct? (2018)

  1. 1 and 2 only
  2. 2 and 3 only
  3. 3 only
  4. 1, 2 and 3

 

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