Interview Guidance Program (IGP) for UPSC CSE 2024, Registrations Open Click Here to know more and registration
What is the News?
The Ministry of Commerce and Industry has informed Lok Sabha about the One District One Product Scheme.
One District One Product Scheme(ODOP):
- Aim: To identify one product per district based on the potential and strength of a district and national priorities. A cluster for that product will be developed in the district and market linkage will be provided for that.
- Significance: This initiative is seen as a transformational step towards realizing the true potential of a district. It will fuel economic growth and generate employment and rural entrepreneurship.
Merging of ODOP One District One Product with Districts as Exports Hub initiative:
- The ODOP One District One Product initiative has been operationally merged with the ‘Districts as Export Hub’ initiative. Later is implemented by the Director-General of Foreign Trade (DGFT), Department of Commerce.
- Objective: To convert each District of the country into an Export Hub by identifying products with export potential. It also aims to address bottlenecks in exporting products and support local manufacturers.
- Under the initiative, the State Export Promotion Committee(SPEC) and District Export Promotion Committee (DEPC) have been constituted in several districts.
Source: PIB
Discover more from Free UPSC IAS Preparation Syllabus and Materials For Aspirants
Subscribe to get the latest posts sent to your email.