MEIS aims to accelerate the export of Manufactured products from India.
Vishesh Krishi and Gram Udyog Yojana (VKGUY)
Under this scheme, Duty Credit Scrip benefits are granted with an aim to compensate high transport costs, and to offset other disadvantages to promote exports of agricultural produce, minor forest produce etc.
The duty credit scrip is a pass that allows the holder to import commodities by not paying a specified amount in import duties.
Focus Market Scheme
The objective of this scheme is to reduce high freight cost and other duties in order to target global markets with a mission to improvise India’s acceptability in those countries as a competitor.
Focus Product Scheme
Focus Product Scheme incentivizes export of such products which have high export intensity / employment potential, in order to offset infrastructure inefficiencies and other associated costs involved in marketing of these products.
Served from India Scheme
Served From India Scheme helps to accelerate growth in export of services so as to create a powerful and unique ‘Served From India’ brand.
All Indian Service Providers who have free foreign exchange earning of at least Rs. 10 Lakhs and individual Indian Service providers with minimum foreign exchange earnings of Rs. 5 lakh in preceding financial year / current financial year shall qualify for Duty Credit Scrip.
The Duty Credit Scrip will be equivalent to 10% of foreign exchange earned during current financial year.