Seminar under Niryat Bandhu Scheme

“Seminar under Niryat Bandhu Scheme”

The Directorate General of Foreign Trade (DGFT), Ministry of Commerce- Government of India conducted a seminar on “Foreign Trade Policy and Procedures” under ‘Niryaat Bandhu Scheme’ (NBS), in the institute’s auditorium.

The seminar was an initiative of DGFT for mentoring first generation entrepreneurs in foreign trade.  Mr. Satish Raina, State Coordinator, NBS, along with Mr. Vivek Singh, Assistant DGFT, Jaipur, briefed the audience regarding the Scheme.

Mr. Vivek Singh, while addressing told that DGFT runs various schemes for trade promotion and facilitation. Using this facility, an entrepreneur may file, prepare and track online application in these schemes. Mr. Vivek further added that NBS is a part of the foreign trade policy 2009-14 for catalyzing India’s exports, to mentor first generation entrepreneur and providing various types of incentives to exporters. Mr. Singh also touched upon the methodology of selecting a market and product.

Mr. Satish Raina spoke about the requirement of thorough research, before entering into new markets of other countries.  He also told that one should compare share in imports of that country with India and lastly choose potential sectors for import of the product.

Responding to the queries of students on how to be a successful exporter, Mr. Satish said that right attitude is more important than aptitude and ability. An exporter’s rise in business would depend on his attitude towards work, competition and workers.

The session proved to be insightful for the budding entrepreneurs and managers and provided them a platform to raise their doubts and obtain informed responses and solutions.

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