Two Days ‘Vanijya Mahotsav’ Commences Today

Two Days'  ' Vanijya Mahotsav' Commences Today

Two Days’ ‘ Vanijya Mahotsav’ Commences Today

‘Vanijya Mahotsav’ is being organized by the Ministry of Commerce and Department of MSME and Export Promotion, Government of Uttar Pradesh, in association with FICCI, on the 21st and the 22nd of September

Lucknow 21 September 2021: ‘Vanijya Mahotsav’ is being organized by the Ministry of Commerce and Department of MSME and Export Promotion, Government of Uttar Pradesh, in association with FICCI, from 20 to 26 September under the Azadi Ka Amrut Mahotsav” series which is being celebrated to commemorate the 75th anniversary of independence. On this occasion a two day state level commerce festival is being organized on 21st and 22nd September.

Under ODOP, Uttar Pradesh exports products from each district, even to the global market. Products like Lucknow’s Chikan, Banarasi Sarees, Bhadohi’s Carpet, Kannauj’s perfume are famous all around the world. In this two day festival, the major exportable ODOP (One District, One Product) products of the state are being displayed. The program which is  organized at Indira Gandhi Pratishthan, Gomti Nagar, was inaugurated by the Union Minister of State for Commerce and Industry Smt. Anupriya Patel. Along with this, Shree Chaudhary Udaybhan Singh, Minister of State, Department of MSME and Export Promotion, Shri Anant Swarup, Joint Secretary, Government of India, Department of Commerce, Shri Mahesh Desai, Chairman, Engineering Export Promotion Council of India, Secretary, Micro, Small, Medium and Export Promotion Uttar Pradesh Additional Chief Shri Navneet Sehgal were also present. This event has been organized under the auspices of FICCI.

Addressing the program, Union Minister of State for Commerce and Industry, Ms. Anupriya Patel said that it is because of the Prime Minister’s efforts towards a self-reliant India, Local for Vocal, Make in India, that India’s exports have increased even in the odd times of COVID-19, she said that  it is a matter of pride for all of us. Informing about the IMF figures, the Union Minister said that India’s global economy will grow at the rate of 6 percent in the coming financial year and global merchandising will increase to 8 percent in 2021.  She  said that in this financial year 2020-21, the target of merchandise export of the Government of India is 400 billion dollars.  In 2027-28, we will take it to 2 trillion dollars, out of which, one trillion dollars will be contributed by merchandise exports and one trillion dollars will be contributed by service exports.

She also said that for the financial year 2020-21, the outstanding export incentive amount of more than Rs 56 thousand crore has been released by the Government of India. She made an appeal to the exporters to apply/claim before 31st December to get this amount.

She said that despite the odd circumstances of the Corona pandemic, India’s exports have increased by 67 percent within the last five months. The Government of India’s exports within the first five months last year were $ 98 billion, which has increased to $ 164 billion this year. Even in Uttar Pradesh, despite the pandemic, there was no reduction in exports.  Before 2017, the export of Uttar Pradesh used to be Rs 84 thousand crore, which has increased to 1 lakh 21 thousand crore under the government led by Chief Minister Yogi Adityanath.

Ms. Anupriya Patel mentioned that the Prime Minister in his address had said that in order to promote exports, it is necessary to choose a product from every district which can be exported.  On the lines of which the One District, One Product Scheme of the Government of Uttar Pradesh is playing a commendable role. He had said that Uttar Pradesh has immense potential and a lot of work has been done on infrastructure with the joint initiative of the Center and the Uttar Pradesh government to encourage small scale industries and exports.  Under this, new expressways, airports, metro stations and defense corridors have been constructed in the state, which will help in promotion of small scale industries and exports.  He had also said that in the state of exporters, Uttar Pradesh is at number five with the rate of 5.6 percent.  80 percent of the state’s export credit goes to the ODOP scheme.  Uttar Pradesh is the first state to have its own agriculture export policy.

She said that India’s product and export power will be reflected in the Dubai Expo, which will run from October 1, 2021 to March 1, 2022, and India will actively participate in it.  The whole world will see the quality of Lucknow’s Chikankari and Bhadohi’s carpets.  He said that to promote exports, there is an Advance Authorization Scheme under which all the items required for export products will be duty free.

Shree Chaudhary Udaybhan Singh, Minister of State, Department of MSME and Export Promotion, thanked the Government of India and Prime Minister Shree Prime Minister Shri Narendra Modi ji for bringing the Vanijya Mahotsav to life. He said that the Honorable Prime Minister has changed the picture of the business sector in the country. And under the leadership of Chief Minister Yogi Adityanath, a lot of work has been done to make Uttar Pradesh the best state.  Today every skill of Uttar Pradesh is being given a separate identity by providing government support. He also said that it was after Prime Minister Shri Narendra Modi ji took over the command of the country, skill, art and performance started getting priority.  In the coming time, the entire world will be guided by India. He also  informed that district level export hubs are being set up for all 75 districts of Uttar Pradesh.

Shri Navneet Sehgal ji said that Uttar Pradesh is considering export a great asset.  The state is getting cooperation at every step regarding the problems of exports.  Uttar Pradesh has also started taking steps towards service export.  A target of Rs 3 lakh crore has been set for export for the next three years, towards which the state has already started progressing. Uttar Pradesh is the first state in the country which has prepared its own Agriculture Export Policy.

In the exhibition organized for the city dwellers at the two-day state level commerce festival at Indira Gandhi Pratishthan located at Gomti Nagar, 48 stalls have been set up of districts like Agra, Aligarh, Ayodhya, Bareilly, Firozabad, Siddharthnagar etc. in which famous ODOP products of different districts of entire state are being sold.

In the program organized on the first day of the festival, after the inauguration of the export exhibition, in various technical sessions, detailed information was given on important topics like Government of India, Export Promotion Councils, Small Industries, Logistics, Role of Supply Chain, Export Payment Methods and Rules etc.  In technical sessions, role of state government schemes in export promotion from Uttar Pradesh, SIDBI, ECGC in exports, customs, global supply chain innovation, container demand, financing options for exporters etc.  Important information was given by representatives of Exports, Joint Director General Foreign Trade, General Manager SIDBI, ECGC, EEPC, CONCOR etc.

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