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NABARD

Introduction

NABARD is set up by the Government of India as a development bank with the mandate of facilitatingcredit flow for promotion and development of agriculture and integrated rural development. Themandate also covers supporting all other allied economic activities in rural areas, promoting sustainablerural development and ushering in prosperity in the rural areas.

With a capital base of Rs 2,000 crore provided by the Government of India and Reserve Bank of India,it operates through its head office at Mumbai, 28 regional offices situated in state capitals and 391district offices at districts. It is an apex institution handling matters concerning policy, planning andoperations in the field of credit for agriculture and for other economic and developmental activities inrural areas. Essentially, it is a refinancing agency for financial institutions offering production credit andinvestment credit for promoting agriculture and developmental activities in rural areas.

NABARD today

Initiates measures toward institution-building for improving absorptive capacity of the creditdelivery system, including monitoring, formulation of rehabilitation schemes, restructuring ofcredit institutions, training of personnel, etc.

Coordinates the rural financing activities of all the institutions engaged in developmental work at

the field level and maintains liaison with the government of India , State governments, the ReserveBank of India and other national level institutions concerned with policy formulation

Prepares, on annual basis, rural credit plans for all the districts in the country. These plans form the

base for annual credit plans of all rural financial institutions Undertakes monitoring and evaluation of projects refinanced by it Promotes research in the fields of rural banking, agriculture and rural development

Functions as a regulatory authority, supervising, monitoring and guiding cooperative banks andregional rural banks

Multifunction:

NABARD's credit functions cover planning, dispensation and monitoring of credit.

This activity involves: Framing policy and guidelines for rural financial institutions

NABARD,SIDBI,TIFAC & EPC

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Providing credit facilities to issuing organizations

Preparation of potential-linked credit plans annually for all districts for identification of creditpotential

Monitoring the flow of ground level rural credit


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Credit is a critical factor in development of agriculture and rural sector as it enables investment incapital formation and technological upgradation. Hence strengthening of rural financial institutions,which deliver credit to the sector, has been identified by NABARD as a thrust area. Various

initiatives have been taken to strengthen the cooperative credit structure and the regional ruralbanks, so that adequate and timely credit is made available to the needy.

In order to reinforce the credit functions and to make credit more productive, NABARD has beenundertaking a number of developmental and promotional activities such as:-

Help cooperative banks and Regional Rural Banks to prepare development actionsplans forthemselves

Enter into MoU with state governments and cooperative banks specifying their respectiveobligations to improve the affairs of the banks in a stipulated timeframe

Help Regional Rural Banks and the sponsor banks to enter into MoUs specifying their respectiveobligations to improve the affairs of the Regional Rural Banks in a stipulated timeframe

Monitor implementation of development action plans of banks and fulfillment of obligations underMoUs


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As part of these functions, It

Undertakes inspection of Regional Rural Banks (RRBs) and cooperative banks (other thanurban/primary cooperative banks) under the provisions of Banking Regulation Act, 1949.

Undertakes inspection of State Cooperative Agriculture and Rural Development Banks

(SCARDBs) and apex non-credit cooperative societies on a voluntary basis Undertakes portfolio inspections, systems study, besides off-site surveillance of cooperative

banks and Regional Rural Banks (RRBs) Provides recommendations to Reserve Bank of India on opening of new branches by State

Cooperative Banks and Regional Rural Banks (RRBs)

Administering the Credit Monitoring Arrangements in SCBs and CCBs.

Core Functions

NABARD has been entrusted with the statutory responsibility of conducting inspections of StateCooperative Banks (SCBs), District Central Cooperative Banks (DCCBs) and Regional Rural Banks(RRBs) under the provision of the Banking Regulation Act, 1949. In addition, NABARD has also

been conducting periodic inspections of state level cooperative institutions such as State CooperativeAgriculture and Rural Development Banks (SCARDBs), Apex Weavers Societies, MarketingFederations, etc. on a voluntary basis.

Objectives of Inspection

To protect the interest of the present and future depositors To ensure that the business conducted by these banks is in conformity with the provisions of the

relevant Acts/Rules, regulations/Bye-Laws, etc To ensure observance of rules, guidelines, etc. formulated and issued by

NABARD/RBI/Government To examine the financial soundness of the banks

To suggest ways and means for strengthening the institutions so as to enable them to play moreefficient role in rural credit

Instruments of Supervision

Periodic on-site inspection of 31 SCBs, 366 DCCBs, 20 SCARDBs and 102 RRBs and other


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Apex level Cooperative institutions Supplementary Appraisal

Off-site Surveillance System ( OSS )

Portfolio inspection/System study CMA returns

Supervisory Strategy

In the wake of the banking sector reforms, new set of international norms/practices were madeapplicable to Commercial Banks (CBs) to make them more competitive and sustainable in thechanging scenario. The co-operative banks and RRBs were also to function in the general bankingenvironment, emerging out of the financial sector reforms, introduced by the GOI/RBI. Accordingly,

the prudential norms were extended to them in phases. While the capital adequacy norm has not yetbeen made applicable to these banks, the other prudential norms viz. income recognition, assetclassification and provisioning, which were made applicable by RBI to the commercial bankingsector had been extended to cover RRBs in 1995-96, SCBs and DCCBs in 1996-97 and to SCARDBsin 1997-98. NABARD, through a concrete and time-bound supervision strategy, facilities these banksto adjust to the new financial discipline so as to internalize prudential norms stipulated.

Current Focus

Under the revised strategy, a sharper focus of the NABARDs inspection was given on the core areasof the functioning of banks pertaining to Capital Adequacy, Asset Quality, Management Earnings,Liquidity and Systems Compliance (CAMELSC). Thus, NABARDs focus in its statutory on-siteinspections is on core assessments leaving the collateral appraisals to supplementary inspections.The micro level aspects are to be taken care of by the banks themselves by way of internalinspections or by other agencies such as auditors. In this direction, through a series of workshops andmeetings held with the Chief Executives and the Chief Auditors of cooperative banks, NABARDattempted to ensure that the other areas, particularly relating to the internal checks and controls,revenue and income realization by way of interest on loans and deposits and other routine features ofcarrying out general banking transactions were suitably taken care of by the respective banks andtheir concurrent/statutory audit systems.

Off-site Surveillance

As a part of the new strategy of supervision, a system of `Off-site Surveillance' has been introducedas a supplementary tool to the on-site inspection. Its objectives are to obtain and analyse critical dataon a continuous basis, to identify areas of supervisory concern and to identify early warning signalsand risky areas requiring further probe. The system basically envisages desk scrutiny of operations ofcooperative banks and RRBs through a set of statutory and non-statutory returns. While the

periodical statutory on-site inspections attempt an overall evaluation of the performance of the bankswith a stipulated period, off-site surveillance envisages continuous supervision supplementing theon-site inspections with additional instruments of supervision.

Board of Supervision (for SCBs, DCCBs and RRBs)


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Board of Supervision (for SCBs, DCCBs and RRBs) has been constituted by NABARD underSection 13(3) of NABARD Act, 1981 as an Internal Committee to the Board of Directors of

NABARD.

The broad powers and functions of the Board of Supervision are :

Giving directions and guidance in respect of policies and on matters relating to supervision andinspection, reviewing the inspection findings, suggesting appropriate measures

Reviewing the follow-up action taken by Department of Supervision (DoS) on matters of frauds

and internal checks and control Identifying the emerging supervisory issues in the functioning of cooperative banks/RRBs such

as NPAs recovery, investment portfolio, credit monitoring system, management practices, frauds,etc.

Suggesting necessary follow-up measures Recommending appropriate training for Inspecting Officers of NABARD for imparting

necessary skills and knowledge Suggest measures for strengthening of DoS Recommend issue of directions by RBI Oversee the quality of inspections carried out and the reports issued Review the information generated through off-site surveillance and other supplementary

vehicles, action taken thereon Undertake any other functions entrusted from time to time by the Board of Directors of

NABARD

RO set up

Suitable and adequate officers are placed in DoS units at RO level to undertake inspection of banks,issue inspection reports and take other follow up measures including review, monitoring complianceand OSS, etc. in conformity with DoS, HO guidelines.


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SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA

Introduction:

The Small Industries Development Bank of India is a state-run bankaimed to aid the growth anddevelopment of micro, small and medium scale industries in India. Set up in 1990 through an act of

parliament, it was incorporated initially as a wholly owned subsidiary of Industrial DevelopmentBank of India. Current shareholding is widely spread among various state owned banks, insurancecompanies, etc. Beginning as a refinancing agency to banks and state level financing bodies for theircredit to small industries, it has diversified in too many activities, including direct credit to the SMEthrough more than 60 branches located in all major clusters of SME in India. Besides, it has been

playing the development role in several ways such as support to micro-finance institutions forcapacity building and onlending.

SIDBI has also floated several other entities for related activities. Credit Guarantee Fund Trust forMicro and Small Enterprises

[1] provides guarantees to banks for collatoral free loans extended to SME. SIDBI Venture CapitalLtd.

[2] Is Venture Capital company focussed at SME. SME Rating Agency of India Ltd.

[3]) SMERA provides composite ratings to SME.

Provision Of Charter

SIDBI was established on April 2, 1990, under an Act (SIDBI Act, 1989) passed by the Indian

Parliament. The Charter establishing it, The Small Industries Development Bank of India Act, 1989envisaged SIDBI to be "the principal financial institution for the promotion, financing anddevelopment of industry in the small scale sector and to co-ordinate the functions of the institutionsengaged in the promotion and financing or developing industry in the small scale sector and formatters connected therewith or incidental thereto.

Business Domain

The business domain of SIDBI consists of small scale industrial units, which contribute significantlyto the national economy in terms of production, employment and exports. Small scale industries arethe industrial units in which the investment in plant and machinery does not exceed Rs.10 million .

About 3.1 million such units, employing 17.2 million persons account for a share of 36 per cent of


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India's exports and 40 per cent of industrial manufacture. In addition, SIDBI's assistance flows to thetransport, health care and tourism sectors and also to the professional and self-employed personssetting up small-sized professional ventures.

Achievements

SIDBI retained its position in the top 30 Development Banks of the World in the latest ranking ofThe Banker, London. As per the May 2001 issue of The Banker, London, SIDBI ranked 25th both interms of Capital and Assets.

The SIDBI is operating different programmes and schemes through 5 Regional Offices and 33Branch Offices.

New Initiatives for SSI sector

Schemes for Mitigating the Problems of the SSI sector

Sl. No. Problem Schemes operated by SIDBI

1. Delayed Payment of

Bills

Direct Discounting of Bills (Components) Scheme

Direct Discounting of Bills (Equipment) Scheme

Direct Factoring Services Bills Rediscounting Scheme (Equipment)

Bills Rediscounting Scheme Against Inand

Supply Bills of SSI

Invoice Discounting Scheme

2. Obsolescence of

Technology

Technology Development and Modernisation Fund

(TDMF) Scheme (both direct and indirect assistance)

ISO 9000 Scheme (both direct and indirect

assistance)

Technology Upgradation Fund Scheme for

Textile Industry (both direct and indirectassistance)

Tannery Modernisation Fund Scheme (both

direct and indirect assistance)


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3. Working Capital

Availability

Single Window Scheme Through Primary Composite

Loan Scheme Lending Instts

Working Capital Term Loan Direct Assistance

Short Term Loan

4. Marketing

Inadequacies

Scheme for Financing Activities Relating to Marketing of

SSI products

5. Lack of Suitable

Infrastructure

Scheme of Direct Assistance for Development of

Industrial Infrastructure for SSI Sector

Scheme of Integrated Infrastructural

Development (IID)

6. Insufficient Export

Credit

Export Credit

Pre-Shipment Credit in Foreign Currency

Scheme for Export Bills Financing

Rupee Pre-Shipment/Post-Shipment Credit

Foreign Letters of Credit

7. Venture Capital

Availability

Venture Capital Scheme

8. Human ResourcesDevelopment

Entrepreneurship Development Programmes

Small Industries Management Programme

Skill-cum-Technology Upgradation

Programme


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New Initiatives of SIDBI

Two Subsidiaries viz. SIDBI Venture Capital Limited and SIDBI Trustee Company Limited formedto oversee Venture Capital.

Techonology Bureau for Small Enterprise formed to oversee Technology Transfer, Match makingServices, Finance Syndication and facilitating Joint Ventures.

Marketing Finance & Development Department to set up Marketing Development Assistance Fund

International Finance Department

International Co-operation Division


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TECHNOLOGY INFORMATION, FORECASTING & ASSESSMENT COUNCIL (TIFAC)

Introduction:

The Technology Information, Forecasting and Assessment Council (TIFAC) is a registered society

under Department of Science & Technology. The main objectives of TIFAC include generation of

Technology Forecasting/Technology Assessment/ Techno Market Survey documents, developing on-

line nationally accessible information system, promotion of technologies and evolving suitable

mechanism for testing of technology and enabling technology transfer as well as commercialisation.

TIFAC has so far produced more than 200 reports including the 25 document series on Technology

Vision up to 2020 and 16 document series on S&T in different Three major Technology Missions arebeing implemented by TIFAC in addition to promotion of about 50 Home Grown Technologies.

Technology Forecasting (TF), Technology Assessment (TA) and Techno Market Survey (TMS)

Studies

After covering all the major sectors, which are of relevance to Indian in the earlier TMS Reports at

aggregate levels, the current series of TMS Reports have a narrower and sharper focus. The new

focus is on specific products, processes, and their applications and related services. The aim is to

target technology linked business opportunities for products, processes etc. for which earlier TMS

Reports projected very high demand.

Technology Information Services

The TIFACLINE Services has been reviewed in the context of Data Information Service available on

INTERNET and it has been decided to provide technological services concentrating on customer

services rather than database generation. Seventy queries has been serviced since April99 to

November 1999.

TIFAC Library

To facilitate and foster the flow of scientific and technical information through the formal channel,

TIFAC Library continued to support the enhanced requirement of scientists and users. During the

period 95 books and reports have been procured raising the holdings of TIFAC Library to 1648 upto

November 1999. In addition, 56 journals including specialised serials have been subscribed.

TIFAC News

With a view to disseminate information on the various activities of TIFAC, three issues of newsletter

have been broughtout. The circulation of the newsletter is about 5000 amongst R&D institutions,

academic and industrial sectors.


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Patent Facilitating Centre (PFC)

The PFC continued its efforts towards meeting its objectives and the achievements during the period

are given below.

IPR Bulletin

Seven issues were brought our till November 30, 1999. These bulletins interalia covered WTOs third

Ministerial Conference, patent laws of Norway, litigation in patents, different case laws, Indian

universities in patent filings, patenting of display devices and few case studies based on patents

awarded in different areas. A case study based on US patent granted to an anti-diabetic herbal drug

based on karela, jamun and brinjal was published in the bulletin. This attracted a lot of media

attention and public interest and resulted in healthy debates at various forums.

Patent Awareness Workshops

Conducted nine (9) IPR/patent workshops during the period through which more than 900 scientists

and technologists were sensitised. The workshops were held at the following places:

o Council of Science & Technology, U. P., Lucknow , May 3, 99

o ISRO (SAC), Ahmedabad, July 20, 99

o GB Pant University of Agriculture & Tech., Pantnagar, July 28, 99

o Assam Science, Tech & Environment Council, Guwahati Guwahati, Sept 15, 99o Meghalaya Council for Science, Technology, Environment, Shillong, Sept. 16, 99

o Regional Engineering College , Kurukshetra, Oct 9, 99

o Thapar Centre for Industrial Research & Development, Patiala, Nov. 9, 1999.

o Guru Nanak Dev University, Amritsar, November 29, 1999

o A.P.S. University, Rewa, December 4, 1999.

Counselling and advisory role

PFC has become a referral point for industry, universities, government agencies, NGOs, foreign

embassies and individual scientists, innovators and consultants, for information and advice on IPR

related matters, especially upto date patent information. In the process, PFC was instrumental in

generating critical inputs including conceptual framework, actual patent data, analysis, etc., for

decision making, policy formulation and future planning at the national level in the area of IPR and

related matters. Many of the government agencies namely DAE, ISRO, ICAR, ICMR and BHEL

approached PFC for specific inputs and organised patent awareness workshops with technical

support of the PFC.


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Role of a watchdog

A US patent granted to an anti-diabetic herbal drug based on karela, jamun and brinjal was brought to

the public notice by the PFC. This attracted a lot of media attention and public interest and resulted

in healthy debates at various forums. A patent accepted by the Indian patent office related to

communication satellite was opposed successfully by the ISRO. The ISRO identified the application

from the data provided in the IPR bulletin.

Special Initiatives

Strategy Paper on Non-Ferrous Metals: TIFAC-Indian Institute of Metals (IIM) Joint project

TIFAC & IIM have to prepare ten techno-commercial reports on all-important Non-ferrous metals.

So far, four reports (Aluminium, Copper, Magnesium, Titanium) have been released. The reports on

Niobium, Molybdenum, Tungsten, Rare Earths etc are likely to be completed by March2000.

Surface Engineering

As a result of initiatives taken by TIFAC earlier in the field of Surface Engineering, several industries

have taken lead in setting up new projects like development of Diamond- like coatings using PVD,

coating by D-Gun, Titanium Nitride coating by PVD, Plasma coating of Ceramics on Hydro- turbine

components. These projects have been funded under various mechanisms of TIFAC, DST etc. Userawareness and propagation of knowledge on this emerging area is being continued by TIFAC through

lectures, articles (a cover story was published on this technology in MM-The Industry Magazine this

year).

Special Initiatives on Materials: Steel

Major initiatives taken on Steel sector by TIFAC earlier have led to formulation of a large number of

R&D projects, which are now being considered by Ministry of Steel for funding. TIFAC is a memberof the Evaluation Group set up to review and recommend proposals. During the past one year, this

group has reviewed around 48 proposals, related to emerging technologies in the Iron and Steel

sector. Out of these, the Empowered Committee of the Ministry of Steel has approved 20 proposals

(Total value: Rs.149 crore, out of which Steel Development fund contribution is Rs. 79 crore).

Interaction with International agencies

TIFAC as a nodal agency for S&T cooperation with ASEAN countries, participated in the third

ASEAN-India Working Group meeting on 26 & 27th August 1999 at Jakarta, Indonesia. TIFAC also

participated in the second, ASEAN-India Working Group meeting on Science & Technology


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(WGST) which was held at Singapore on 25-26 October 1999. An eight-member delegation of

scientists from India attended the meeting.

Hydrogen Technology Cell

A Hydrogen Technology Cell (HTC) of TIFAC has been approved with an objective to make a

special initiative to embark on a series of studies and technology developmental pursuits for ushering

in Hydrogen economy in the country on a programmatic approach. Developing information up dates,

creating knowledge networks, building up local capacity for technology and human resources

development, facilitation of resources development and innovative financing of new technologies

and organizing regular awareness programmes are some of the immediate activities taken up by the

HTC of TIFAC to make a beginning and gain a foot hold in opening up an environmental friendly era

in the next millennium.

Energy Tower Project

This Eco-friendly concept of generating clean electrical energy from the atmospheric wind by

artificially manipulating its humidity and thermal gradients is relatively a new concept. The principal

concept is to cool the hot and dry air of desert by a fine spray of water within a tall and large

diameter shaft where the higher density cooled downward air flow reaches high velocity and actuates

turbine to generate electricity. TIFAC is studying the project with an experienced international group

of technology.

Technology Vision for India upto 2020: Follow-up Action teams

There are a number of actions taking place independently including by some states towards follow up

of recommendations of Technology Vision 2020. Some of the special items taken up by TIFAC are

maturing into actions. The progress in brief of respective action teams is reported below:

Agriculture & Agromachinery

Bihar Project:

A detailed study on benchmark Survey for the project "A Systems approach to agricultural

production for increasing production in low productivity regions" was carried out. The work included

identification of villages, soil testing and analysis, water management plans and strategies. Based on

the benchmark survey study the detailed project was formulated during the previous year and has

been approved during the year. The project envisages interalia, demonstration trial in Son Commands

Complex, Patna district, Bihar. The results indicate increase in productivity by around 285% in

selected demonstration area for Paddy.


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Orissa Project:

A detailed study on BenchMark Survey for the project "Science & Technology Experimental Project

in Orissa for Agricultural Development as well as Village Sustainability" was carried out. Based on

the Bench Mark Survey, a detailed project report has been formulated. The project envisages

development in three phases phase 1 being Water Resource Development Plan, phase 2 identifies

cropping pattern and farming of different varieties of produce including training to farmers and phase

3 describes introduction and choice of tiny industries. Priority-1 (Phase-1) of the project, water

resource development plan has been undertaken.

Agro Food Processing

Milk Sector

The Project "Improvement in Milk Quality & Yield through better Farm Management" has been

approved during the year. The project envisages better farm management practices, use of milking

machines, use of bulk coolers and training of extension officers and farmers.

Fruits and Vegetables

The project on "Mango Juice Preparation" and "Banana Juice Preparation" are being pursued.

Cereals

The projects on "Modernisation of Rice Milling Industries" and "Modernisation of Wheat Milling

Industries" are being discussed with industries for preparation of detailed project reports.

Road Transportation

Based on the discussions with CRRI and Ministry of Surface Transport the following two projects

have been considered for preparation of detailed project reports.

1. Performance based pavement designs & specifications.2. Drainage road structure using geo-textiles


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MICRO, SMALL AND MEDIUM ENTERPRISES

Introduction:

The Micro, Small and Medium Enterprises (MSME) sector has been recognised as engine of growthall over the world. Many countries of the world have established a SME Development Agency as the

nodal agency to coordinate and oversee all Government interventions in respect of the developmentof this sector. In the case of India, also Medium establishment has for the first time been defined interms of separate Act, governing promotion and development of Micro, Small and MediumEnterprises (MSME) i.e. Micro, Small and Medium Enterprises (MSME) development Act, 2006(which has come into force from 02nd Oct, 2006) the Office of Development Commissioner (Micro,Small and Medium Enterprises) functions as the nodal Development Agency under the Ministry ofMicro, Small and Medium Enterprises(MSME).

Office of Development Commissioner (SSI) was established in 1954 on the basis of therecommendations of the Ford Foundation. Over the years, it has seen its role evolve into an agency

for advocacy, hand holding and facilitation for the small industries sector. It has over 70 offices and21 autonomous bodies under its management. These autonomous bodies include Tool Rooms,Training Institutions and Project-cum-Process Development Centres. Office of the DevelopmentCommissioner (MSME) provides a wide spectrum of services to the Micro, Small and MediumIndustrial sector. These include facilities for testing, toolmenting, training for entrepreneurshipdevelopment, preparation of project and product profiles, technical and managerial consultancy,assistance for exports, pollution and energy audits etc. Office of the Development Commissioner(MSME) provides economic information services and advises Government in policy formulation forthe promotion and development of SSIs. The field offices also work as effective links between theCentral and the State Governments.

Consequent to the increased globalization of the Indian economy, MSMEs are required to face newchallenges. Office of the Development Commissioner (MSME) has recognised the changedenvironment and is currently focusing on providing support in the fields of credit, marketing,technology and infrastructure to MSMEs. Global trends and national developments have accentuatedOffice of the Development Commissioner (MSME)'s role as a catalyst of growth of MSMEs in thecountry.

Aims and Objectives


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Imparting greater vitality and growth impetus to the micro, small and medium enterprises in termsof output, employment and exports and installing a competitive culture based on heightenedtechnology awareness

Services:

The main services rendered by DC (MSME) office are:

1. Advising the Government in policy formulation for the promotion and development ofMSMEs.

2. Providing techno-economic and managerial consultancy, common facilities and extensionservices to MSMEs.

3. Providing facilities for technology upgradation, modernisation, quality improvement andinfrastructure.

4. Developing Human Resources through training and skill upgradation.5. Providing economic information services.6. Maintaining a close liaison with the Central Ministries, Planning Commission, State

Governments, Financial Institutions and other Organizations concerned with development

of MSMEs.7. Evolving and coordinating Policies and Programmes for development of MSMEs asancillaries to large industries.


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EXPORT PROMOTION COUNCILS

Introduction:

The Export Promotion Councils are non-profit organizations registered under the Indian CompaniesAct or the Societies Registration Act, as the case may be. They are supported by financial assistancefrom the Government of India.

Its Role

The main role of the EPCs is to project India's image abroad as a reliable supplier of high qualitygoods and services. In particular, the EPCs encourage and monitor the observance of internationalstandards and specifications by exporters. The EPCs keep abreast of the trends and opportunities ininternational markets for goods and services and assist their members in taking advantage of suchopportunities in order to expand and diversify exports.

Functions

The major functions of the EPCs are as follows:

1. To provide commercially useful information and assistance to their members in developingand increasing their exports

2. To offer professional advice to their members in areas such as technology upgradation,

quality and design improvement, standards and specifications, product development andinnovation etc.

3. To organise visits of delegations of its members abroad to explore overseas marketopportunities.

4. To organise participation in trade fairs, exhibitions and buyer-seller meets in India andabroad.

5. To promote interaction between the exporting community and the Government both at theCentral and State levels


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6. To build a statistical base and provide data on the exports and imports of the country, exportsand imports of their members, as well as other relevant international trade data.

Export Promotion Councils of India

Federation of Indian Export Organisations:

The Federation of Indian Export Organisations is the apex body of all Indian export promotionorganisations. FIEO works as a partner of the Government of India to promote Indian exports. Itsmembership, comprises of Government recognised Export Houses, Trading Houses, Star TradingHouses and Super Star Trading Houses and Consultancy exporting firms dealing in a wide spectrumof products.

Indian diamond institute :

The IDI is a Society registered under Societies Registration Act, 1860 and also under the BombayPublic Trust Act, 1950.

The main object of the Indian Diamond Institute is to create professionalism within the diamond gemand jewellery trade and industry and to that end organise the development of a higher level of skill inartisans. The Institute is expected to perpetuate and improve upon the skill involved in diamond

processing. Development of new tools, equipment and technology in diamond processing and relatedsubjects dynamically matching with the developments elsewhere in the world is another objective of

the institute.

The Indian Institute of Foreign Trade:

The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as anautonomous organization to help professionalise the country's foreign trade management andincrease exports by developing human resources; generating, analyzing and disseminating data, andconducting research. The primary provider of training and research-based consultancy in the areas ofinternational business, both for the corporate sector, government and the students commun

Minrals and metals corpo. Ltd:


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Established in 1963, MMTC is today India's leading international trading company, with a turnoverof over US$ 1 billion. It is the first international trading company of India to be given the covetedstatus "SUPER STAR TRADING HOUSE" and it is the first Public Sector Enterprise to be accordedthe status of "GOLDEN SUPER STAR TRADING HOUSE" for long standing contribution toexports. MMTC is the largest non-oil importer in India and holds the position of largest bullion trader

in the sub-continent.

The State Trading Corporation of India Ltd:

The State Trading Corporation of India Ltd. (STC), a Government of India Company, is one of thepremier international trading organizations of the country. Set up in 1956, STC plays an importantrole in India's foreign trade - both exports and imports.

Agricultural and processed Food Products Export Development Authority:

APEDA- Stands for the Agricultural and processed Food Products Export Development Authority.

APEDA is an autonomous organization attached to the Ministry of Commerce of the Government ofIndia. The main function of APEDA is to build links between Indian producers and the globalmarkets. APEDA undertakes the briefing of potential sources on government policy and producers.Along with providing referred services and suggesting suitable partners for joint ventures. Besidesarranging buyer-seller meets

The Marine Products Export Development Authority:

The Marine Products Export Development Authority (MPEDA) was constituted in 1972 under theMarine Products Export Development Authority Act 1972 (No.13 of 1972). The role envisaged for

the MPEDA under the statute is comprehensive - covering fisheries of all kinds, increasing exports,specifying standards, processing, marketing, extension and training in various aspects of the industry.

Electronics and Computer Software Export Promotion Council:

ESC is continuously striving to elevate India's position in the international trading arena of theElectronics, IT and Computer Software & Services. With a view to assist the exporting community infurther enhancing their exports, ESC keeps re-orienting its service portfolio. The Council has been inthe forefront to facilitate joint ventures, technical / financial collaborations and strategic alliances.ESC acts as a link between the Government and its members and provides a platform for interactionon policy issues.

Chemicals, Pharmaceuticals & Cosmetics Export Promotion Council:

Basic Chemicals, Pharmaceuticals & Cosmetics Export Promotion Council, popularly known asCHEMEXCIL, was established in the year 1963 with headquarters at Mumbai and with the objectiveof making concerted efforts to promote exports of Drugs & Pharmaceuticals, Dyes and DyeIntermediates, Basic Inorganic & Organic Chemicals, Including Agrochemicals, Cosmetics &Toiletries, Agarbatties, Essential Oils, Medicinal plants/value-added Herbal products and Castor Oil

The Council for Leather Exports:


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The Council for Leather Exports (CLE),Sponsored by the Ministry of Commerce and Industry, Govt.of India, has been serving the cause of promotion of exports of leather and leather products fromIndia and has been acting as a bridge between the buyer and seller, since its inception in 1984.

The Engineering Export Promotion Council:

The Engineering Export Promotion Council (EEPC) was set up in 1955 under the sponsorship ofMinistry of Commerce, Government of India, for Promotion of export of engineering goods, projectsand services from India. It is for the first Export Promotion Organisation in India to receive ISO-9002 Certification from the world renowned organisation KPMG. The EEPC is a non-commercialand non-profit Organisation

Export Promotion Council for Handicrafts:

Export Promotion Council for Handicrafts (EPCH) established under the Exim Policy of Govt. ofIndia in 1986-87, is a non profit earning organisation. The organisation works under theadministrative control of O/o Development Commissioner (Handicrafts), Ministry of Textiles, Govt.of India and governed by Policies of Ministry of Textiles. It is an apex body of the Government for

promotion of exports of Handicrafts from the country.

Overseas Construction Council of India:

Over overseas Construction Council of India (OCCI), sponsored by the Ministry of Commerce, hasbeen acting as a focal point for channelisation of information and identification of Indian companiescapable of executing projects in overseas markets. It provides a forum to public and private sectorconstruction companies in India for entering into consortium arrangements for bidding/executingoverseas contracts.

The Cotton Textiles Export Promotion Council of India:

Since its inception in 1954 as an autonomous, nonprofit export promotion body, TEXPROCIL hasbecome the international face of Indian Cotton Textiles successfully facilitating exports. For theforeign buyer, it has opened the entire range of Indian cotton yarns, fabrics and made-ups and has

become the one-stop source for it. While for the discerning Indian seller it has brought within reachthe opportunities afforded by the global market.

The Plastics Export Promotion Council:

The Plastics Export Promotion Council (popularly known as PLEXCONCIL) sponsored by theMinistry of Commerce & Industry, Department of Commerce, Government of India, represents theexporting community in the Indian Plastics industry. The export promotion strategies evolved since1955, the year when PLEXCONCIL was born, have fetched rich dividends, which is exhibited in theform of high export growth rates


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CONCLUSION

In the economic growth, the contribution of small human resource, domestic strength and thecontribution of small scale industry sector can not be ignored, especially as india`s concern-Thesecond highest population in the world .The production and service consumption are itself a greatthings to deal with it in its economic development .so upliftment of this various sectors is with aview to build a favourable environment for industry and trade to achive well economic growth. Thefive years plan introduces a new dimensions to domestic development such organisation andinstitution like NABARD, SIDBI, and SSI are playing a vital roll for domestic development InIndustry, Service, Agricultural, and trade.


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DNE FINAL

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