'Niryat Bandhu' scheme for start-ups unveiled

NEW DELHI, INDIA: The Centre on Thursday announced a new scheme for international business mentoring of young start-up exporters.

Named 'Niryat Bandhu, the scheme is aimed at mentoring the budding entrepreneurs to provide hand holding support. “We are devising a new Niryat Bandhu scheme for mentoring the first generation entrepreneurs to provide hand holding support and facilitating these new exporters,” said Commerce and Industry Minister Anand Sharma in his address while releasing the Foreign Trade Policy (2009-2014).

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The officer (Niryat Bandhu) would function in the 'mentoring' arena and would be a 'hand holding' experiment for the young turks in international business enterprises. Under the scheme, officers of Directorate General of Foreign Trade will help mentor the interested individuals who want to conduct the business.