The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 192] NEW DELHI. MONDAY, NOVEMBER 30,1970/AGRAHAYANA 9,1892
Separate paging is given to this Part in order that it may be filed
as a separate compilation.
MINISTRY OF FOREIGN TRADE
RESOLUTION
New Delhi, the 30th November 1970
No 7(13)-MDF/70.—The following may be inserted as a new paragraph viz., 13-A below existing para 13 to the "Code of Grants-in-Aid for Export Effort" issued by the then Ministry of Commerce (Now Ministry of Foreign Trade) in July, 1968.
13-A. Setting up of showrooms in India for display of products for the benefit of foreign buyers and other exporting interests.
The fund may grant assistance for setting up of showrooms in India by an Export House or collectively by more than one Export House for display of goods for the benefit of foreign buyers and other export interests, as follows:—
(a) grant upto 25 per cent of the expenditure on staff and accommodation for am Initial period of three years.
(b) In addition 25 per cent of the initial expenditure on non-recurring basis on setting up of showroom excluding cost of exhibits subject to a maximum of Rs 1 lakh.
The expenditure on cost of building will not be considered from M.D.F. grant.
I I l8 THE GAZETTE OF INDIA EXTRAORDINARY [PART I—SEC- U-The assistance in (a) and (b) above would be considered in respect of Export Houses whose level of exports Is Es. 5 crores or more per year. The showrooms set up In places where permanent exhibitions/showrooms already exist on a collective basis under the Eaispices of bodies like Federation of India Export Organisations, All India Manufacturers Organisations or Export Promotion Councils etc., will not be normally eligible for such assistance.
ORDER
Ordered that the Resolution be published in the Gazette of India lor general information.
BHAGWAN SINGH,
Addl. Secy, to the Govt. of India.