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Ramakant Sharma
Ramakant SharmaInk Innovator
Asked: March 15, 20242024-03-15T08:49:08+05:30 2024-03-15T08:49:08+05:30In: B.Com

List the various marketing promotion schemes run by the Ministry of MSME.

Enumerate the several marketing campaigns that the Ministry of MSME has implemented.

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    1. Abstract Classes Power Elite Author
      2024-03-15T08:49:47+05:30Added an answer on March 15, 2024 at 8:49 am

      Marketing Promotion Schemes by the Ministry of MSME

      1. International Cooperation Scheme (ICS):

      • The ICS aims to enhance the competitiveness of MSMEs in international markets.
      • It provides support for participation in international trade fairs, exhibitions, buyer-seller meets, and trade delegations.
      • The scheme helps MSMEs showcase their products and services to a global audience and explore export opportunities.

      2. Marketing Assistance Scheme (MAS):

      • The MAS aims to promote marketing activities among MSMEs.
      • It provides financial assistance for organizing exhibitions, trade fairs, buyer-seller meets, and marketing campaigns.
      • The scheme helps MSMEs expand their market reach and promote their products and services.

      3. Market Development Assistance (MDA) Scheme:

      • The MDA scheme aims to promote MSME products in domestic and international markets.
      • It provides financial assistance for participation in trade fairs, exhibitions, and buyer-seller meets.
      • The scheme also covers expenses for market studies, market research, and publicity campaigns.

      4. National Awards for Marketing Excellence:

      • The National Awards for Marketing Excellence recognize outstanding marketing efforts by MSMEs.
      • The awards encourage MSMEs to adopt innovative marketing strategies and practices.
      • The scheme helps raise the profile of MSMEs and promotes excellence in marketing.

      5. Technology and Quality Upgradation Support (TEQUP) Scheme:

      • The TEQUP scheme aims to upgrade the technology and quality standards of MSMEs.
      • It provides financial assistance for implementing quality management systems, acquiring testing equipment, and obtaining quality certifications.
      • The scheme helps MSMEs improve their product quality and competitiveness in the market.

      6. Marketing Development Assistance (MDA) to MSME Exporters:

      • The MDA scheme provides financial assistance to MSME exporters for marketing activities.
      • It covers expenses for participation in international trade fairs, exhibitions, and buyer-seller meets.
      • The scheme helps MSME exporters explore new markets and expand their export business.

      Conclusion:
      The Ministry of MSME offers various marketing promotion schemes to support MSMEs in enhancing their competitiveness and expanding their market reach. These schemes provide financial assistance and other support to help MSMEs promote their products and services effectively. By leveraging these schemes, MSMEs can strengthen their marketing capabilities and achieve sustainable growth.

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