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Home» Circulars» Important Continuation Of The Market Access Initiative Scheme Reg.

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Important - Continuation of the Market Access Initiative Scheme - reg.
 

 

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CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)

Jhansi Castle, 4th Floor, 7 Cooperage Road, Mumbai - 400 001.India.
Tel : +91 22 22021288 / * Fax : +91 22 22026684
email : info@chemexcil.gov.in Web : https://chemexcil.in


 

EPC: PROJ: MAI-2021  

 

24th July 2021

 

ALL THE MEMBERS OF THE COUNCIL

 

 

Important - Continuation of the Market Access Initiative Scheme - reg.

 

 
To
All Members of the Counci
 

 

Dear Sir/Madam

 

We are glad to inform you that the competent authority (Department of Commerce and Industry Government of India) has approved continuation of the Market Access Initiative (MAI) Scheme in a revised form, for a period of five years beyond 31st March, 2021.

 

Period

Valid from 1st April-2021 to 31st march-2026

Objective

To promote exports by providing financial support to MSME

Main Focus

MSME, Products such as Ayush, Yoga, Geographical and Tribal Products, Development and Promotion of exports from NER (North East Region), Jammu & Kashmir, Ladakh and Hill regions.

Implementation

Through Eligible Agencies

 

 

Below tabulated are important changes in the revised guidelines of MAI.

 

Sr. No.

MAI Heading

MAI Guideline dated 19th June 2021

1

Number of participations allowed in an event/ in a year:

· Maximum of three participations in a particular trade fair/exhibition in a year including past events.

 

·  SC/ ST/ Women and the exporters having f.o.b. value of exports of or less than Rs.50 crore in the preceding year, 5 participants in particular year allowed

2

Export Turnover eligible to avail this scheme  

Less than 50 cr. in preceding financial year

3

Reimbursement of airfare
for participation in approved
international events

Individual Ceiling:

·         Focus areas Maximum of Rs.75,000/-

·         American Continents -Rs.1,25,000/- 

4

Air fare permissible officer of the company for Exhibition

Permissible only to the regular Director / Partner/ Proprietor or a regular officer of the company on senior managerial Position

5

Period of airfare Claim submission

45 days

6

Submission of OUTCOME REPORT and details of the digital recording of the event

Mandatory to exhibitors within 15 days from the date of event.

 

 

The detailed revised guideline document is available in below link

 

https://chemexcil.in/uploads/files/Revised_MAI_Guildelines-_dt-19th_July,_2021.pdf

 

Member exporters are requested to take note of it and benefit from the scheme.

 

Thanks and Regards

 

Deepak Gupta

Acting Executvie Director

CHEMEXCIL

 

 

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