The International Cooperation (IC) Scheme of Ministry of Micro, Small and Medium Enterprises (MSME) has added a new component ‘Framework for International Market Intelligence Dissemination (IMID)’. Under IMID component, a National Resource Database System – Global Market Intelligence System for MSMEs is provisioned. This system is to act as a central knowledge repository of export related data on foreign markets, provide simplified information on trade statistics, market access issues, export potential indicators and information on tenders and procurements globally.

At present, Ministry of MSME is in consultation with India Exim Bank to collaborate for development of an online portal, incorporating the features of IMID component of IC Scheme.

This information was given by Minister of State for Micro, Small and Medium Enterprises, Shri Bhanu Pratap Singh Verma in a written reply to the Lok Sabha today.

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MJPS/NSK

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