EASE E-COMMERCE FOR MSME EXPORTS’
Why in the news?
Niti Aayog and the Foundation for Economic Development propose reforms to simplify MSME exports and address challenges in e-commerce.
source:slideserve
About Enhancing MSME Exports:
- Niti Aayog and the Foundation for Economic Development propose facilitating MSME exports via e-commerce platforms.
- They advocate simplifying merchandise trade processes to encourage smaller players to engage in exports.
- The establishment of a unified national trade portal for approvals and compliances is recommended to streamline the export process.
About The Micro, Small and Medium Enterprises(MSMEs.):
● The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2018 suggests redefining MSMEs. ● It proposes reclassifying all MSMEs, including manufacturing and service providers, based on their annual turnover. |