SME Times is powered by   
Search News
Just in:   • Market Rebound: Sensex surges 1,265 points to reclaim 31,000  • ndianOil ties up LPG imports, fully geared for higher gas demand  • Truly rare situation now, rebound can be robust: Fed Chair on US economy  • French watchdog tells Google to pay news firms for using their content  • Arrival of wheat, onion, potato, mango, banana dips 50-95% in lockdown 
Last updated: 27 Sep, 2014  

EPCH.9.Thmb.jpg Indian exporters' body launches VRIKSH to counter EUTR

   Top Stories
» Avail additional reconstruction term loans for MSME sector: CII
» FIEO starts facility of digital certificate of origin for exporters
» Industry body calls for Rs 11 lakh crore package
» Stimulus worth $200-$300 bn needed to save economy
» Sensex logs biggest single-day gain of 2,476 pts
SME Times News Bureau | 31 May, 2013

In order to counter the provisions of European Union Timber Regulation (EUTR) and other such legislations, the apex body for promotion of handicrafts has launched the "VRIKSH" the due diligence system that would setup benchmarking initiative and issue certification to the member exporters.

"VRIKSH will suffice the due diligence requirements of international regulations set by foreign countries and authenticate the procurement source as legal based on evidential proofs. It plans to accelerate advocacy, raise awareness and build capacity and propagate the scheme amongst the overseas buyers," the Export Promotion Council for Handicrafts (EPCH) said in a press release Thursday.

The European Union launched an Action Plan in 2003 to stop illegal logging. This Action Plan known as the EU Forest Law Enforcement, Governance and Trade (FLEGT) Action Plan aims at combating the problem of illegal logging. As per this plan, it will make it illegal from 3rd March, 2013 to place illegally harvest timber and timber products in the EU market.

The legislation requires that due diligence is applied to all timber first placed on the EU market and also that traders, further down the supply chain, keep track of who timber or timber products were bought from.

A specific committee has been set up by the Council which include member exporters, foresters, researchers, certification bodies, related institutions to device a mechanism to create a due diligence system for procurement of wood from the legal sources.

The key objective of the mechanism is to promote environmentally responsible production, consumption and trade in wooden handicrafts products in India and abroad.

Rakesh Kumar, Executive Director, EPCH said, "the Council had taken up the matter with senior Government officials including Finance Secretary, Commerce Secretary and DGFT and had sought their assistance in the matter. A Notification has been issued from the O/o DGFT authorizing EPCH to issue Certificates regarding Due Diligence in procurement of wood from legal sources."

He further said, "The process of preparing the standards and checklist for conformance of Indian Timber Legality Requirements as well as due diligence requirement has been initiated and a robust mechanism will be soon in place in India. India is among few select countries to have taken initiative towards creating indigenous due diligence system."

More than 1.1 million artisans and craftspersons are involved in producing wooden handicrafts. Most of them belong to economically weaker and backward sections of the society. Therefore, exports of wooden handicrafts are a source of employment generation, poverty alleviation and up gradation of social status.

India is one of the major exporters of wooden handicrafts. The exports of wooden handicrafts in the year 2012-13 amounted to Rs. 2750 crores. Europe and USA are the major markets for Indian wooden handicrafts.

The exports of Handicrafts have shown an increase of Rs 4994.87 crore, from Rs. 12975.25 to Rs. 17970.12 crore, an increase of 38.50percent in rupees term. In dollar terms, the exports have shown the increase of USD 599.24 millions from USD 2705.66 million to USD 3304.90 million up by 22.15 percent during the period April-March 2012-13 as compared to the similar period in 2011-12.

Print the Page Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

How to use this certificate
Deepak | Fri Mar 17 05:14:30 2017
Hey I am Deepak Gaur work in jodhpur based handicraft factory and i need to know about vrikha certificate and what is the procedure to dispatch a container with this

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 10 Apr, 2020
  Daily Poll
Ease of doing business improved in last one year
 Can't say
  Commented Stories
» China's forex reserves reach USD 2.85 trillion(6)
» Late payment: RBI move not enough for SMEs(3)
» Digital learning firms likely to reap the most of lockdown(1)
» Fund set up for MSMEs to tackle COVID-19 effects(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter