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IndiaXports 2021 Portal, recently seen in news, is an initiative of:
  • a)
    Ministry of Finance
  • b)
    Ministry of Corporate Affairs
  • c)
    Ministry of Road Transport and Highways
  • d)
    Ministry of Micro, Small and Medium Enterprises
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
IndiaXports 2021 Portal, recently seen in news, is an initiative of:a)...
Union Minister for MSMEs virtually inaugurated the India Export Initiative and IndiaXports 2021 Portal of India SME Forum in New Delhi.
  • IndiaXports aims to orient MSMEs free of cost, with the objective of focussing on the untapped export potential in existing tariff lines and supporting MSMEs in order to grow the number of exporting MSMEs and increase MSME exports by 50% in 2022 and contributing to the PM’s dream of the US $5 Trillion Economy.
  • This initiative features an Info Portal which serves as a knowledge base for exports by Indian MSMEs with the required information related to export potential for all the 456 tariff lines along with the potential markets as well as trends in exports, export procedures and lots more.
  • Apart from an export help desk, Instructor led orientation will also be provided to MSMEs through a series of sessions for specific sectors highlighting the opportunities in specific products in international markets.
  • The initiative targets 1 lakh+ MSMEs desirous of knowing more about exports and hand holding 30,000+ MSMEs to start exporting, doubling the base of active exporters.
  • Hence, option (d) is the correct answer.
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Most Upvoted Answer
IndiaXports 2021 Portal, recently seen in news, is an initiative of:a)...
Union Minister for MSMEs virtually inaugurated the India Export Initiative and IndiaXports 2021 Portal of India SME Forum in New Delhi.
  • IndiaXports aims to orient MSMEs free of cost, with the objective of focussing on the untapped export potential in existing tariff lines and supporting MSMEs in order to grow the number of exporting MSMEs and increase MSME exports by 50% in 2022 and contributing to the PM’s dream of the US $5 Trillion Economy.
  • This initiative features an Info Portal which serves as a knowledge base for exports by Indian MSMEs with the required information related to export potential for all the 456 tariff lines along with the potential markets as well as trends in exports, export procedures and lots more.
  • Apart from an export help desk, Instructor led orientation will also be provided to MSMEs through a series of sessions for specific sectors highlighting the opportunities in specific products in international markets.
  • The initiative targets 1 lakh+ MSMEs desirous of knowing more about exports and hand holding 30,000+ MSMEs to start exporting, doubling the base of active exporters.
  • Hence, option (d) is the correct answer.
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IndiaXports 2021 Portal, recently seen in news, is an initiative of:a)Ministry of Financeb)Ministry of Corporate Affairsc)Ministry of Road Transport and Highwaysd)Ministry of Micro, Small and Medium EnterprisesCorrect answer is option 'D'. Can you explain this answer?
Question Description
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