Ministry of Commerce and Industry

Ministry of Commerce and Instury

1. Department of Commerce (DoC)

2. Department for Promotion of Industry and Internal Trade (DPIIT)

Meaning in
Scheme Objective Special points Department
English

Nirvik Scheme Nil to enhance loan Export Credit Guarantee

(NIRVIK) availability and Corporation of India
ease the lending (ECGC-owned by the
process. It is an Ministry of Commerce and
insurance cover Industry.) has introduced
guarantee that will this scheme
cover up to 90% of
the principal and ECGC currently provides
interest. The cover credit guarantee of up to
will include both 60% loss.
pre and post-
shipment credit.
Announced in
Union Budget 2020
Start-up India To build a strong Definition of startup: entity DPIIT
Scheme eco-system for registered with govt,
(START-UP) nurturing inno- headquartered in India up
vation and Start to 7 years from the date of its
ups in the country incorporation. For Biotech
that will drive sust sector, it is 10 years. The
ainable economic annual turnover should also
growth and not exceed INR 25 crore in
generate large any preceding financial
scale employ year. Enhanced
ment infrastructure including
opportunities. incubation centres, tax
Also aims at benefits, easier compliance,
promoting entre faster exit mechanisms, easier
preneurship among IPR facilitation, credit
scs/sts, women guarantee fund, etc. An
communities Rural economic stimulus in the form
India's version of a INR 10,000 crore Fund of
Startup India was Funds managed by SIDBI.
named the Deen Startup India Hub - single
Dayal Upadhyay point of contact for the entire
Swaniyojan Yojana- Startup ecosystem and enable
Rural development knowledge exchange and
ministry access to funding.

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Ministry of Commerce and Industry

Meaning in
Scheme Objective Special points Department
English

MAKE IN INDIA Nil to turn India into a Four pillars : DPIIT

manufacturing New Processes,
hub New Infrastructure,
To increase the New Sectors,
share New Mindset
of manufacturing se
ctor in GDP from DPIIT coordinates
16% to 25% by participation from Union
2022. 100 million Ministers, Secretaries to the
additional jobs Government of India, state
by 2022. foreign governments, industry
investment. export- leaders, and various
led growth.skill knowledge partners for
sets. domestic value effective implementation
addition and
technological depth
in manufacturing.
Global
competitiveness.
Ensuring
sustainability of
growth
Government Nil An Online Market DGS&D (supply and DoC
E-Market Place platform to disposals) with technical
(GEM) facilitate support of National e
INITIATIVE procurement of governance division (MeitY)
goods and has developed GeM portal.
services by
various Ministries Dynamic pricing, Single
and agencies of the window system for
Government, PSUs aggregating demands and
etc. ordering. paperless,
enhanced transparency, e-
bidding and auctions etc.

Reservation: Minimum 25%

procurement from MSMEs.
Also provides a minimum 3%
reservation for these
enterprises owned by
women.

It functions under DGS&D,

MoCI.

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Ministry of Commerce and Industry

Meaning in
Scheme Objective Special points Department
English

Trade Nil To enhance export The Central and State DoC

Infrastructure competitiveness Agencies, including Export
for Export by bridging gaps in Promotion Councils,
Scheme export Commodities Boards, SEZs etc
infrastructure, are eligible for financial
first mile and last support under this scheme
mile connectivity
for export-oriented
projects and
addressing quality
and certification
measures.
Transport and Nil To boost agri Directorate General of DoC
Marketing export - provides Foreign Trade will lay down
Assistance assistance for the procedure for scrutiny of the
(TMA) international claims, audit of the payments
component of made, etc.
freight and
marketing of agri
cultural produce To
promote brand
recognition for
Indian agri
cultural products
Service Exports Nil To make our introduced under the Foreign DoC
from India services globally Trade Policy - 2015-20
Scheme competitive in Services providers of notified
terms of price services are incentivized in
the form of Duty Credit
Scrips.
SEIS shall apply to `Service
Providers’ located in India
instead of `Indian Service
Providers’
Merchandise Nil Enhance export introduced under the Foreign DoC
Exports from competitiveness Trade Policy - 2015-20
India Scheme of notified goods
manufactured/ duty credit scrips to exporters
produced in India of goods
three sub components:
 Vishesh Krishi and
Gram UdyogYojana,
 Focus Market Scheme,
 Focus Product Scheme

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 Ministry of Commerce and Industry

Meaning in
Scheme Objective Special points Department
English

Revenue Nil protects growers Launched in pilot mode in DoC

Insurance of tea, coffee, selected areas
Scheme for rubber,
Plantation cardamom and It is for small growers of
Crops tobacco from the notified plantation crops
twin risks of yield having 10 ha. or less
loss due to adverse landholding. The scheme will
weather be applicable to mature
parameters, pest standing crops only, for
attacks etc. and which insurance can no longer
from income loss be availed from PMFBY.
caused by fall in
international/dome
stic prices through
crop insurance
mechanism
SWAYATT Nil To promote Start- Nil DoC
Initiative ups, Women and
Youth Advantage
Through
eTransactions on
Government e
Marketplace
(GeM).

'Scheme for IPR aims at raising IPR launched by Cell for IPR DPIIT
awareness – awareness and Promotion and Management
Creative India; encourage (CIPAM), under the aegis
Innovative individuals to of Department of
India' create, innovate Industrial Policy and
and protect their Promotion.
creations and
inventions across project Duration - 3 years
the country. (2017 – 2020)
Niryat Bandhu Nil to reach out to the Nil
Scheme new and potential
exporters and
mentor them to get
into international
trade and boost
exports from
India.

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