Govt to provide financial aid to small hardware traders, exporters

| | Aligarh
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Govt to provide financial aid to small hardware traders, exporters

Monday, 30 May 2022 | Pradeep Saxena | Aligarh

The State Government has decided to provide financial help to the small and medium hardware traders and exporters of Aligarh. Regarding this, the grant amount in the Accelerated Export Promotion Scheme has been increased to two times. Along with this the rules have also become simpler so that they can export their products directly. The amount of grant has also been increased for wire.

In order to compete with hardware exports from China, Taiwan and other countries, the state government is preparing to connect the small and medium enterprises of Aligarh hardware with direct export. More than 500 small and medium businessmen are likely to benefit from this.

Apart from America, Britain, France and Germany, arrangements will be made to organize exhibition of hardware and building fitting materials in Arab countries. This will also include the entrepreneurs who produce the hardware and the wires.

Till last year, under the export promotion scheme, financial assistance was available only up to Rs 30 lakh in all items. Only entrepreneurs with large and high turnover were involved in this. Now the grant amount will be available up to Rs 75 lakh. There is a provision of providing two lakh rupees for quality related certification.

Application has to be made for 20 days in advance to put up a stall in the exhibition. Modifications can be made up to seven days from the date of application. The in-charge of the District Industries Center will send the application along with the recommendation to the Export Promotion Bureau within 21 days. Which will be finalized by a committee constituted under the chairmanship of the Export Commissioner.

The business of the district is about six thousand crores, which is planned to be made 8 thousand crores. In this, the business of hardware and building fitting materials is Rs 2000 crore, while Rs 4,000 crore is of frozen meat. Preparations are being made to export hardware

up to Rs 4 thousand crore by holding exhibitions

abroad.

 

 

Shrinath Paswan, Joint Commissioner, District Industries Center told that the government has given a good opportunity to small and medium entrepreneurs for export. By taking advantage of this scheme of simplification and two times the grant amount, these entrepreneurs will be able to directly connect with exports. If this happens, more exports will be done from here in comparison to China and other countries.

Sunil Dutta, General Secretary Tala Nagari Industrial Development Association said that this decision of the government is welcomed. Industries will get a boost due to more grants and simplification of rules, as well as the participation of small entrepreneurs in the exhibitions held abroad will also bring innovation in the industries of Aligarh.

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