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Export-Import Bank of India


   RURAL INITIATIVES
EXIM BANK’S RURAL INITIATIVES
                                                               EXIM BANK


DEPARTURE FROM TRADITIONAL ROLE OF EXIM BANKS

OBJECTIVES:
1. Poverty Reduction through Export Linkage
2. Benefit of Globalisation to Grassroot Rural Enterprises

Why these objectives :

           INDIA                              GLOBAL AVERAGE

           70% Rural                             30% Rural

           30% Urban                             70% Urban

 Only 1 out of 4 enjoy globalisation benefits.

 75% population out of globalisation process.

 Globalisation has become urban centric in India.
                                                                      2
EXIM BANK’S RURAL INITIATIVES
                                                                    EXIM BANK



INDIA

  Agriculture : 22% of GDP, but 60% of population is dependent; therefore
  disguised employment

  Need for alternative economic activity

  Small grassroot business enterprises

  Sustainable Development




         Economic                 Social            Environmental
        Development               Equity              Protection


                                                                            3
EXIM BANK’S RURAL INITIATIVES
                                              EXIM BANK




                   Rural initiatives : Core of Exim
                   Bank’s objectives / operations.

                   Creation of Export Capability in
                   Grassroot Enterprises.

                   Enhance purchasing power of
                   ‘bottom of the pyramid’.

                   Spin off benefit to other sectors
                   of economy.




                                                       4
EXIM BANK’S RURAL INITIATIVES
                                                               EXIM BANK




Problems of Grassroot Enterprises

  Image, quality, delivery, packaging (Finance is secondary)

  Market access (Rural, National, Global)

Exim Bank’s Export Marketing Service (e.g. incense sticks, bamboo

pens, etc.)

Training in export marketing (Rural Marketing)

Faculty from CBI (Netherlands), JETRO (Japan)



                                                                      5
EXIM BANK’S RURAL INITIATIVES
                                                 EXIM BANK




Exim Bank’s Tie-Up with International Agencies

    ITC on Enterprises Management Development Services

    (EMDS)

    IFC on PANGEA Display cum Sales

    ATA on Market Access and Warehouse in USA




                                                         6
EXIM BANK’S RURAL INITIATIVES
                                                  EXIM BANK



Exim Bank’s Tie-Up with NGOs

    CNRI (Confederation of NGOS of Rural India)

    SEWA (Self Employed Women’s Association)

    OORVU (Tribal SHG)

    BASIX (also in Papua New Guinea)

    Dhan (Indigenous Technology Export)

          (Handmade Floor Tiles)




                                                         7
EXIM BANK’S RURAL INITIATIVES
                                                                          EXIM BANK



Market Access and Capacity Building

  Fair Trade Certification (only 3 Indian products ! )

  Linkage to corporates in India (gift articles, etc.)

  Students’ Social Responsibility (large pool of untapped talent)

  Roster of retired / semi retired experts

  Capacity building through continuous training and updating technology

  Use of IT in Rural Enterprises



                                                                                 8
EXIM BANK




THANK YOU
  www.eximbankindia.in

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Rural Pres

  • 1. Export-Import Bank of India RURAL INITIATIVES
  • 2. EXIM BANK’S RURAL INITIATIVES EXIM BANK DEPARTURE FROM TRADITIONAL ROLE OF EXIM BANKS OBJECTIVES: 1. Poverty Reduction through Export Linkage 2. Benefit of Globalisation to Grassroot Rural Enterprises Why these objectives : INDIA GLOBAL AVERAGE 70% Rural 30% Rural 30% Urban 70% Urban Only 1 out of 4 enjoy globalisation benefits. 75% population out of globalisation process. Globalisation has become urban centric in India. 2
  • 3. EXIM BANK’S RURAL INITIATIVES EXIM BANK INDIA Agriculture : 22% of GDP, but 60% of population is dependent; therefore disguised employment Need for alternative economic activity Small grassroot business enterprises Sustainable Development Economic Social Environmental Development Equity Protection 3
  • 4. EXIM BANK’S RURAL INITIATIVES EXIM BANK Rural initiatives : Core of Exim Bank’s objectives / operations. Creation of Export Capability in Grassroot Enterprises. Enhance purchasing power of ‘bottom of the pyramid’. Spin off benefit to other sectors of economy. 4
  • 5. EXIM BANK’S RURAL INITIATIVES EXIM BANK Problems of Grassroot Enterprises Image, quality, delivery, packaging (Finance is secondary) Market access (Rural, National, Global) Exim Bank’s Export Marketing Service (e.g. incense sticks, bamboo pens, etc.) Training in export marketing (Rural Marketing) Faculty from CBI (Netherlands), JETRO (Japan) 5
  • 6. EXIM BANK’S RURAL INITIATIVES EXIM BANK Exim Bank’s Tie-Up with International Agencies ITC on Enterprises Management Development Services (EMDS) IFC on PANGEA Display cum Sales ATA on Market Access and Warehouse in USA 6
  • 7. EXIM BANK’S RURAL INITIATIVES EXIM BANK Exim Bank’s Tie-Up with NGOs CNRI (Confederation of NGOS of Rural India) SEWA (Self Employed Women’s Association) OORVU (Tribal SHG) BASIX (also in Papua New Guinea) Dhan (Indigenous Technology Export) (Handmade Floor Tiles) 7
  • 8. EXIM BANK’S RURAL INITIATIVES EXIM BANK Market Access and Capacity Building Fair Trade Certification (only 3 Indian products ! ) Linkage to corporates in India (gift articles, etc.) Students’ Social Responsibility (large pool of untapped talent) Roster of retired / semi retired experts Capacity building through continuous training and updating technology Use of IT in Rural Enterprises 8
  • 9. EXIM BANK THANK YOU www.eximbankindia.in