From UPSC perspective, the following things are important:
Prelims level: FIEO GlobalLinker
Mains level: Schemes for MSME developmemt
- The minister of commerce and industry Shri Suresh Prabhu launched the FIEO GlobalLinker– a digital platform for MSME exporters to digitise their businesses and join a global community of growing businesses.
- Federation of Indian Export Organisations (FIEO) has developed this digital platform.
- FIEO GlobalLinker is setup with a view to make the business growth of SMEs simpler, more profitable and enjoyable.
- It is a growing global network currently comprising over 140,000 SME firms, who are seeking business collaboration and growth opportunities through the use of their electronic business card and digital profiles created on the platform.
- FIEO is available free of cost and it offers exporters a range of features and benefits like:
- Business Opportunities: Exporters will be able to find clients, suppliers and advisors using the search and review facilities. Creating a free e-commerce store for direct sales and improved chain management.
- Up-to-date Business Knowledge through business articles, industry news and common interest groups.
- Improved Efficiencies: Platform provides services like company intranet, integrating email, a business calendar.
- FIEO’s Services: Application for new RCMC/endorsement/renewal/participation in FIEO’s promotional programme and alerts.