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of <h1>Government Doubles MDA Scheme Eligibility Limit to Boost Exports in Latin America and Beyond.</h1> The government has revised the Market Development Assistance (MDA) scheme to enhance export promotion, particularly in Latin America. The eligibility limit for MDA assistance has been raised, allowing exporters with an f.o.b. value of up to Rs. 30 crore in the previous year to qualify, doubling the previous limit. Financial support for participation in trade fairs and exhibitions has also increased, with specific focus on Latin America, Africa, CIS, ASEAN, Australia, and New Zealand. The changes aim to support exporters and Export Promotion Councils in their market development efforts amid rising costs and currency appreciation, emphasizing export diversification.
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