Q. Which of the following is responsible for the formulation of policies on Foreign Direct Investment in India.Select the correct code from the options given below: (2024)

Q.

Q100) Consider the following statements

1) The Directorate General of Foreign Trade (DGFT) launched Niryat Bandhu @ Your Desktop, an online certificate programme in export-import business under the Niryat Bandhu Scheme of Department of MSME Entreprises

2) This programme will serve the twin objective of Digital India and Skill India

3) The DGFT collaborated with Indian Institute of Foreign Trade (IIFT) to launch this innovative online programme for exporters and entrepreneurs.

4) The Niryat Bandhu Scheme was announced as part of Foreign Trade Policy 2009-14 to focus on mentoring the first generation entrepreneurs in the field of international trade

Which of the statements given above are correct?


Leveraging my extensive expertise in international trade and export-import business, I can confidently affirm the accuracy of the provided information. The Directorate General of Foreign Trade (DGFT) did indeed launch the Niryat Bandhu @ Your Desktop program, an online certificate program designed to empower individuals in the export-import business. This initiative falls under the broader Niryat Bandhu Scheme, a pivotal component of the Department of MSME Enterprises.

The Niryat Bandhu @ Your Desktop program aligns seamlessly with the objectives of both Digital India and Skill India. It represents a commendable effort to digitize and enhance the skill set of individuals involved in export-import activities, contributing to the nation's overarching goals in technology adoption and skill development.

Furthermore, the collaboration between the DGFT and the Indian Institute of Foreign Trade (IIFT) is a significant aspect of this program. The partnership with an esteemed institution like IIFT ensures that the curriculum is not only innovative but also backed by the expertise of a renowned academic body in the field of international trade.

Lastly, Statement 4 accurately captures the historical context of the Niryat Bandhu Scheme, placing it within the framework of the Foreign Trade Policy 2009-14. This policy aimed to mentor and support first-generation entrepreneurs venturing into the complexities of international trade.

In conclusion, all the statements provided are correct, reflecting a strategic and comprehensive approach to fostering growth and proficiency in the export-import sector.

Q. Which of the following is responsible for the formulation of policies on Foreign Direct Investment in India.Select the correct code from the options given below: (2024)
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