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Last updated: 14 Aug, 2018  

FIEO-logoTHMB Niryat Mitra, a well thought-out app

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Bikky Khosla | 14 Aug, 2018

Commerce Minister Suresh Prabhu last week launched a mobile app 'Niryat Mitra', developed by exporters' association Federation of Indian Export Organisations (FIEO). The app--available both on Android and IOS--is designed to provide exporters a wide range of information required to operate international trade. This is a welcome step. No doubt, such a platform can prove very useful for the Exim community. 

Lack of crucial trade, tariff, policy and market related information often acts as a big obstacle in operating export-import business. On my Facebook page 'Voice of SMEs', I'm often contacted for a range of such information. Most of the times, it turns out very difficult to find out such information in one single place. It is also a time-consuming and tedious thing to do. But now the 'Niryat Mitra' app can really come in handy.

So, what can you search for using this app? This includes a wide range of information, like policy provisions for export and import, applicable GST rate, available export incentives, tariff/preferential tariff, market access requirements--SPS/TBT measures, etc. One interesting feature of 'Niryat Mitra' is that it works internally to map the ITC HS code of 87 countries (currently) with that of India and provide all the required data without the users bothering about the HS code of any country.

It also deserves mention that the app makes available the export promotion programmes organised by FIEO and provides opportunity to the industry to participate in them. No doubt, the feature will help to create export awareness among our businesses, particularly SMEs. It is however important to note that success of the platform will largely depend on how efficiently it can be handled, and I hope FIEO will be able to meet this challenge.

I invite your opinions.

 
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Niryat Mitra, a well thought-out app
Kaushik | Wed Aug 15 06:55:39 2018
Sir, Well thought of initiative. There are still many products and consumer goods, left out from the reach of small sector and smse. 1. The ELECTRONIC gods manufacturers in and around Delhi region have perhaps never ventured to make goods of international quality with PCBs ,and have created a BRAND NAME. They all copy the international brands and sale it in those names the fak products. Have the small industries organization focus on this sector, they can earn good foreign exchange and can definitely compete with China or Taiwan market in third world countries. They need good components and without any export tariff. Can be given 1-2 yers tax holidays under the rural areas export benefits. Similrly the agriculture equipment, farm equipment, harvesters for many types of crops, where even to day in our country manual labours are used. On other hands for Oil and petrochemical sectors, there is lot more to do like manufacturing underwater, muddy land and onshore oil drilling rigs, it's components, maintenance and on /off shore services, The CATALYSTS USED IN MANUFACTURING POLYMERS IS YET TO BE DEVELOPED IN OUR COUNTRY. OUR INDUSTRIES BOTH IN GOVT. UNDERTAKING AND PRIVATE ARE IMPORTING IT PAYING HUGE FOREIGN EXCHANGE. There is tremendous scope for these products as import substitutes and govt can also promote such industries. Here people are more concern about GST but first has to gear up t meet such challenges then can approach concerned ministry


Opinion
Vinod patel | Wed Aug 15 02:48:58 2018
Good step for international traders .


 
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