Why in news:

• Recently, Rajasthan's government's Industrial Department and Rajasthan Industrial Development and Investment Corporation (RIICO) have launched the brand new 'Mission Niryatak Bano' in an attempt to culture and launch the local business into international markets.
• The new scheme will help industries to expand their business and find their feet in foreign countries, thereby, providing major aid to the local traders.
• The whole process, starting from the registration to the launch of new industries, traditional handicrafts and quality indigenous products from the state on the global scale, will be executed in a streamlined manner.

Key Points:

Registering, training & launching new businesses to foreign markets:

• Mission Niryatak Bano', a novel initiative by RICCO will cover assistance of local traders from training, collecting relevant documentation, registration in Rajasthan Export Promotion Council.
• The programme will further support registered companies in exports and trade operations.
• Along with traditional handicrafts and products, many new industries producing quality products are coming up in the state following the supporting policies of the Rajasthan government.
• Many of these products hold quality and demand in international markets and by handholding the local businessmen, the mission shall help increase the total exports from Rajasthan and increase job opportunities in the state.

Streamlining officials, departments with the mission & vision:

• One of the crucial components of the scheme is synching the manpower and infrastructure with the newly envisaged objectives, schemes and plans.
• To meet the desired objective significant emphasis will be laid on orientation of concerned officials in the advent of this mission.
• Recently, several sessions linked to features of exports, registration of exporters and related aspects were held that were chaired by Rajasthan Government's Commissioner of Commerce and Industries and Investment.
• Such meetings are chiefly intended to provision of information and explanation of procedures and particulars by senior officials from the concerned department and bodies of the central and state government.
• One of the major components, hereby, is to hold district-level meetings with the corresponding regional department to commence more infiltrated efforts.
  
   

Rajasthan State Industrial Development and Investment Corporation (RIICO):

• Rajasthan State Industrial Development and Investment Corporation (RIICO), was incorporated in March 1969 as RSIMDC and got its present name in 1980.
• The corporation is a premier agency of Government of Rajasthan that has played an important role in the industrial development of Rajasthan.
• RIICO is mainly engaged in site selection and acquisition of land, developing infrastructure for industrial area, financial assistance to small, medium and large-scale projects.
• In addition, it provides equity participation in large projects on merit, technical consultancy for project identification and technical tie up.
• It is also involved in escort services, facilitation of government clearances, merchant banking and financial tie -ups and extending incentives and concessions as per the policy of the State Government.
• It has 28 offices in Rajasthan and has staff strength of 1054.
• RIICO has so far developed 338 industrial areas by acquiring about 59,084 acres of land.
• More than 37000 industries are in production within the industrial areas developed by RIICO in Rajasthan