1. Export-Import Bank of IndiaRURAL INITIATIVES

2. EXIM BANKS RURAL INITIATIVESEXIM BANK DEPARTURE FROM TRADITIONAL ROLE OF EXIM BANKSOBJECTIVES: 1. Poverty Reduction through Export Linkage 2. Benefit of Globalisation to Grassroot Rural EnterprisesWhy these objectives : INDIAGLOBAL AVERAGE 70% Rural 30% Rural 30% Urban 70% Urban Only 1 out of 4 enjoy globalisation benefits. 75% population out of globalisation process. Globalisation has become urban centric in India. 2 3. EXIM BANKS RURAL INITIATIVES EXIM BANKINDIAAgriculture : 22% of GDP, but 60% of population is dependent; therefore disguised employmentNeed for alternative economic activitySmall grassroot business enterprisesSustainable DevelopmentEconomic SocialEnvironmental Development EquityProtection 3 4. EXIM BANKS RURAL INITIATIVES EXIM BANKRural initiatives : Core of EximBanks objectives / operations. Creation of Export Capability inGrassroot Enterprises. Enhance purchasing power ofbottom of the pyramid. Spin off benefit to other sectorsof economy.4 5. EXIM BANKS RURAL INITIATIVESEXIM BANK Problems of Grassroot EnterprisesImage, quality, delivery, packaging (Finance is secondary)Market access (Rural, National, Global)Exim Banks Export Marketing Service (e.g. incense sticks, bamboopens, etc.)Training in export marketing (Rural Marketing)Faculty from CBI (Netherlands), JETRO (Japan)5 6. EXIM BANKS RURAL INITIATIVESEXIM BANK Exim Banks Tie-Up with International AgenciesITC on Enterprises Management Development Services(EMDS)IFC on PANGEA Display cum SalesATA on Market Access and Warehouse in USA6 7. EXIM BANKS RURAL INITIATIVES EXIM BANKExim Banks Tie-Up with NGOsCNRI (Confederation of NGOS of Rural India)SEWA (Self Employed Womens Association)OORVU (Tribal SHG)BASIX (also in Papua New Guinea)Dhan (Indigenous Technology Export)(Handmade Floor Tiles)7 8. EXIM BANKS RURAL INITIATIVES EXIM BANKMarket Access and Capacity BuildingFair Trade Certification (only 3 Indian products ! )Linkage to corporates in India (gift articles, etc.)Students Social Responsibility (large pool of untapped talent)Roster of retired / semi retired expertsCapacity building through continuous training and updating technologyUse of IT in Rural Enterprises 8 9. EXIM BANK THANK YOU www.eximbankindia.in