Niryat Bandhu Scheme, Eligibility Criteria, Registration Process

About Niryat Bandhu Scheme

The Commerce Secretary, Ministry of Commerce & Industry launched Niryat Bandhu Scheme recently. The Niryat Bandhu Scheme is an online certificate program. This scheme will help in the export-import business under the Directorate General of Foreign Trade (DGFT). The implementation of the scheme, the officers of DGFT will be investing time and knowledge to guide the business individuals. The scheme will help all the exporters to conduct the business in a legal way.

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Overview of Niryat Bandhu Scheme

• Name Niryat Bandhu Scheme
• Launched by Directorate General of Foreign Trade (DGFT)
• Beneficiaries Exporters
• Objective Providing guidelines
• Official website http://niryatbandhu.iift.ac.in/2.0/about.asp

Eligibility Criteria

To join the niryat Bandhu scheme and to avail the benefit of the courses available on the portal, you need to follow the following eligibility criteria given below:-

• The courses can be availed only if you are an Indian citizen
• You can avail the courses if you are a-
• Entrepreneurs
• Exporters / Importers
• Students

Specifications Of The Program

If you try to undertake the program available on the website then you will get the following knowledge:-

• Introducing the Programme and Business Plan.
• Getting Started in Foreign Trade- Step by Step
• Identify Products and Market for Exports/ Imports.
• Understanding Trade Databases & Trade Opportunities.
• Commercial Regulatory documents in Foreign Trade.
• Custom Clearance for Export and Import.
• Duty drawback & claim procedure.
• Developing INCOTERMS in sales contracts.
• International Product Development & Adaptation
• Business opportunities in RTA Markets with the Implications of non-Tariff barriers for exports.
• How to organize trade logistics?
• Goods and Service Tax & Neutralization in Export.
• Starting Export, Import and availing incentives.
• Promoting Exports through WTO complaint Foreign Trade Policy.
• Management of International Trade Payments – To ensure full and final Payments.
• Understanding the mechanism and role of Letter of Credit – Implication of UCP-600.
• The framework of Export Trade Finance Schemes – Cost reduction approach
• Introduction to currency risk management – To protect the Profit margin of the Export business

Technical Requirements

To avail the services of the portal, you must have these technical requirements:-

• Windows (7 or above) based Desktop/Laptop
• Internet Connectivity (Wired connection is advisable)
• Good Quality Headphone

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Application Fee

To apply for the courses offered on the Niryat Bandhu Scheme website you need to submit a fee of rupees Rs. 23,600. This fee figure is inclusive of GST(Goods and services tax)

Duration Of Course

The course that is available at the official website of the Niryat Bandhu scheme is 19 sessions long. Also, the course is available five days a week. The timings of the lectures are from 6 pm to 8 pm.

Registration Process at Niryat Bandhu Scheme

To register yourself in the portal, you need to follow the simple steps given below:-

• First, visit the Official Website Link given here.
• On the homepage click on the register tab
• A new webpage will be displayed on your screen
• Enter your Email
• Verify your email
• Finally, enter all your personal details
• Click on submit
• You will be successfully registered on the website.

Source :http://niryatbandhu.iift.ac.in/2.0/about.asp