Why is it in News?
→ Government notified first market access guidelines under EPM.
→ Aims to strengthen India’s export ecosystem, especially for MSMEs.
Important Points:
- EPM is a single, digitally enabled umbrella framework.
- Focuses on enhancing global competitiveness of MSMEs.
- Provides funding for trade fairs and Buyer-Seller Meets.
- Financial assistance capped for two delegates per firm.
- Minimum delegation size is 50 participants.
- At least 35% participants must be MSMEs.
- MSMEs eligible for up to 4 BSMs per financial year.
- Implemented by Directorate General of Foreign Trade (DGFT).